$PPC (PILGRIMS PRIDE) — 8-K: Pilgrim's Pride forms special committee to review JBS unsolicited buyout proposal

The PPC board formed a special committee of independent and disinterested directors to evaluate JBS N.V.'s August 18, 2026 unsolicited proposal to acquire all PPC shares JBS does not currently own. The committee selected Ropes & Gray LLP as legal counsel and Moelis & Company LLC as financial advisor. The board will not approve the transaction without the special committee's favorable recommendation, and any deal is expected to be conditioned on the affirmative vote of a majority of votes cast by holders of PPC shares not held by JBS or its affiliates. There can be no assurance a definitive agreement will be entered into or that any transaction will be consummated.

The PPC board formed a special committee of independent and disinterested directors to evaluate JBS N.V.'s August 18, 2026 unsolicited proposal to acquire all PPC shares JBS does not currently own. Th