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News 2026-09-30 11:01 UTC

Hormel Foods To Acquire Brakebush Brothers For $1.055 Bln

WASHINGTON (dpa-AFX) - Hormel Foods Corp. (HRL), a branded food company, announced Wednesday it has entered into a definitive agreement to acquire Brakebush Brothers, LLC, a value-added chicken producer, from the Brakebush family for approximately $1.055 billion.The transaction is expected to close…