(CN) — A Seventh Circuit panel determined Thursday that an email exchange between a food distribution giant and Pilgrim’s Pride, one of the world’s largest chicken producers, didn’t sufficiently hash out a $50 million settlement over price fixing accusations.
According to U.S. Circuit Judge David Hamilton, while the email agreement settled on the important financial terms, the parties failed to work out at least four material terms that affected the value of the deal, rendering it wholly incomplete.
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