Pilgrim’s Pride Corp. shares jumped after meatpacking giant JBS NV offered to acquire the shares of the chicken producer it doesn’t already own in a stock deal valued at about $1. 2 billion.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-18/jbs-seeks-rest-of-pilgrim-s-pride-stake-in-1-2-billion-deal)