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Hormel Foods to buy Brakebush in deal valued at $1.06 billion
Source: reuters.com
M&A & RestructuringConsumer Demand & RetailCompany Fundamentals
Hormel Foods will acquire family-owned chicken producer Brakebush Brothers for $1.06 billion. The deal expands Hormel's presence in value-added chicken products, strengthening its packaged-food portfolio and growth positioning in the protein category.
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