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Brazil's JBS Sets New Plans for U.S. IPO to Placate Government Bank
The Brazilian meat giant will list 85% of its business on the New York Stock Exchange, weeks after a major government shareholder objected to a similar plan.
Fitbit to Buy Smartwatch Maker Pebble
Pebble reportedly will sell for $34 million to $40 million, significantly less than its founder hoped for.
Pilgrim's Pride Gobbles up Minnesota Poultry Company
Family-owned hog producer Maschoffs LLC owned GNP for three years, during which time revenues increased 15%.
Albertsons Near Deal to Buy Price Chopper
Albertsons reportedly would spend $1 billion to buy Price Chopper, which is halfway through a $300 million, five-year plan to upgrade its stores.
Smucker Investors Hope for a Stronger Q2, but Pet Food Sales Look Ruff
The company paid $5.8 billion last year for pet food company Big Heart Pet Brands, but sales in the division have disappointed.