Perdue Farms Inc.'s parent company, FPP Family Investments, has been cleared by the U.S. Department of Justice's Antitrust Division to purchase organic and natural poultry processor Coleman Natural Foods.
According to the Department of Justice, which interviewed customers, chicken processors and more than 100 chicken growers, "after a thorough review of the evidence...the facts do not support challenging the proposed transaction." The Antitrust Division said that it does not believe the proposed buyout will cause the poultry industry any harm.
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