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Chicken Company Foster Farms sold to private equity firm

Foster Farms, a West Coast-based chicken company with annual sales of $3 billion, has agreed to a takeover by private equity firm Atlas Holdings and will install the former Tyson Foods chief Donnie Smith as its leader.

Foster Farms employs approximately 10,000 people and operates processing facilities in California, Washington, Louisiana, Oregon and Alabama. The company is the 10th largest U.S. chicken producer by pounds produced, according to meat industry publication Watt Poultry USA.


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