NEWS
Wed Jun 4, 2014 07:49 AM CDT

(Dow Jones) -- Fueling Pilgrim's Pride Corp.'s sweetened, $6.8 billion bid for Hillshire Brands Co. this week is the outsize ambition of a pair of Brazilian brothers who aim to dominate the global meat business.

A successful deal for the maker of Jimmy Dean sausages and Ball Park hot dogs would mark the boldest bet yet by Wesley and Joesley Batista, who run Pilgrim's majority owner, JBS SA. It would be the meat industry's biggest merger, dwarfing the many other acquisitions the brothers have made in transforming the small beef company founded by their father into what they claim is ...

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