The Seventh Circuit Court of Appeals ruled that Pilgrim’s Pride and Sysco did not have a binding $50 million global settlement. This decision suggests that the preliminary negotiations between the two companies for an antitrust settlement were not finalized, leaving the dispute unresolved in the litigation.
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ANTITRUST—7th Cir.: Pilgrim’s Pride, Sysco did not have binding $50 million global settlement
The Seventh Circuit Court of Appeals ruled that Pilgrim’s Pride and Sysco did not have a binding $50 million global settlement. This decision suggests that the preliminary negotiations between the two companies for an antitrust settlement were not finalized, leaving the dispute unresolved in the litigation.