Pioneer Foods-Brait Deal????

[delta]

Both PFG and BAT are quite strong for the past 7 days, could there be a deal in the pipeline?

[Harathke]

In the absence of a cautionary announcement, uhm, no, it could not be.

[#3]

Honestly don't see the attraction of Pioneer. Granted they had a strong year, but this thing is sitting on a PE above 30 times! They are going to have to have a helluva year in a mature industry against a target market that are increasingly out of a job in the local economy. Seems to me what we have hear is a massive exit from resource stocks, and the funds have to go somewhere - so pump them into dividend yielding stocks. And PNR have announced that they are improving their dividends