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February 10, 2005

PETA Owns McDonalds Stock!?

Posted by Eric at 4:40 pm. Filed under: General

I never would have guessed this.

You might not expect to find the world’s largest buyer of beef and pork and the world’s second-largest buyer of chicken in an animal rights group’s stock portfolio, but PETA owns shares of McDonald’s stock for a reason—to help the millions of cows, pigs, and chickens who are slaughtered for the restaurant chain each year. McDonald’s has agreed to meet the terms of PETA’s shareholder proposal, which calls on the company to prepare a feasibility report for switching its chicken suppliers over to the least-cruel slaughter method ever developed, controlled-atmosphere killing (CAK).

Now that you know that, you can go have a couple of Big Macs.


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