Hormel Foods Expands Further Into Proteins With $1.06 Billion Acquisition — Barrons.com

By Mariapaula GonzalezHormel Foods won't just be about making turkey and canned lunch meat Spam anymore.The food company announced Wednesday it will acquire Brakebush Brothers, a chicken manufacturer, for approximately $1.06 billion. The transaction is expected to close during Hormel Foods' fiscal…