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Pilgrim's Pride gets financing after Ch. 11 filing

PITTSBURG Texas Pilgrim’s Pride Corp., the poultry supplier giant that filed for Chapter 11 bankruptcy protection Monday, has received court approval to access $365 million in debtor-in-possession financing so that it can continue to operate.

It also received permission to honor current rebate and prepayment programs, coupon programs, product replacement, and customer refunds, the company said.

Amajor poultry supplier to the foodservice industry,

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