001049 WLR Foods Reports Merger ScheduleOctober 18, 2000Broadway, VA - WLR Foods, Inc. announced that due to the schedule of the Securities and Exchange Commission in conducting a limited review of the Company's preliminary proxy statement, filed October 5, 2000, the proposed merger with Pilgrim's Pride Corporation is now expected to be completed during January 2001. The delay is necessary to provide sufficient time between the mailing of the proxy statement to shareholders, once authorized by the SEC, and the date of the special meeting of WLR Foods, Inc.'s shareholders which will be held to approve the merger. WLR Foods is a fully integrated provider of high quality, value-added turkey and chicken products primarily under the Wampler Foods brand. It is nationally ranked as the seventh largest poultry food processor by sales volume and is an international leader in poultry exports. WLR Foods has processing operations in Virginia, North Carolina, West Virginia, and Pennsylvania.
E-mail: sflanagan@sprintmail.com |
