U.S. chicken executives indicted for price fixing

Toward the end of every year, chicken producers compete for massive contracts with grocery stores and fast-food chains across the U.S. At least, that’s how it’s supposed to work.

A string of text messages and emails disclosed in a federal indictment Wednesday suggest otherwise.

In one 2014 exchange, Jayson Penn, the now-chief executive officer of chicken giant Pilgrim’s Pride Corp., asked an unnamed colleague about negotiations with a restaurant franchise.

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