One-time charge crimps earnings at Cal-Maine
date:Jul 30, 2013
4.

Mr. Baker said Cal-Maine has worked hard to integrate the operations of both the Pilgrims Pride and Maxim egg operations, and is pleased with the operating synergies the company has achieved from the acquisitions. In addition, Cal-Maine has the opportunity to leverage the additional capacity from the facilities and expand market reach, he said.

As part of the settlement reached July 23, Cal-Maine agreed to make a single payment of $28 million, which amounts to a charge of $17 million, after
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