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State tries again with Pilgrim’s

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“I think this is a very strong offer in a market where they’re not going to get other buyers,” Moret said. “It’s a good return investment for the state, too, because it would put those workers back to work. This Pilgrim’s Pride situation has had the biggest impact in the state by the recession, so we’re going to do everything we can to keep those people farming chickens and working at the facility in Farmerville.”

Pilgrim’s Pride said it rejected the initial $40 million offer from the state and Foster Farms because it was inadequate.

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