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Hormel Foods (HRL) buys the Skippy Peanut Butter business from Unilever (UL) for $700M. The...

  • Thursday, January 3, 7:40 AM ET
    Hormel Foods (HRL) buys the Skippy Peanut Butter business from Unilever (UL) for $700M. The company expects the deal for the iconic brand to be modestly accretive in FY13 and add between $0.13-$0.17 to earnings in FY14.
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    My boys are running for cover, peanut butter and spam sandwich for lunch now.
    3 Jan, 09:18 AM Reply Like
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