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Published on 10/20/2008 in the Prospect News Special Situations Daily.

M&G Investment Management reports 10.14% passive stake in Pilgrim's Pride

By E. Janene Geiss

Philadelphia, Oct. 20 - M&G Investment Management reported a 10.14% stake in Pilgrim's Pride Corp. as of Sept. 10, according to an SC 13G filing with the Securities and Exchange Commission.

The passive holding represents 7,513,690 shares of common stock.

Pilgrim's Pride is a Pittsburg, Tex.-based poultry producer.


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