Pilgrim's Pride soars on new JBS take-private offer

** Pilgrim's Pride PPC.O shares soar 13.7% to $32.38, an over three-month high in early trading on Weds, after majority owner JBS JBS.N made a new offer to buy the remaining stake it doesn't already own and delist the co

** PPC on course for steepest daily pct gain in five years

** Brazil's JBS, which owns ~82% of the U.S. poultry producer, late Tues proposed a stock-for-stock deal, a different approach from a failed 2021 all-cash bid that was withdrawn after the cos couldn't agree on a price

** Despite the jump, PPC still down 17% YTD, well underperforming Nasdaq's .IXIC ~13% advance

** U.S.-listed JBS shares up ~3% on the session, trimming YTD loss to ~2%