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Hormel Foods To Acquire Brakebush Brothers For $1.055 Bln
Source: Nasdaq
M&A & RestructuringConsumer Demand & RetailCompany Fundamentals
Hormel Foods entered a definitive agreement to acquire value-added chicken producer Brakebush Brothers from the Brakebush family for approximately $1.055 billion. The acquisition expands Hormel's exposure to branded and value-added poultry products, with the transaction likely to be material for the company but primarily stock-specific.
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