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Hormel Foods buying Skippy for $700 million

Hormel Foods is buying the Skippy peanut butter product line from Unilever for approximately $700 million as it looks to strengthen its business overseas and branch out beyond its meat business that includes Spam.

http://www.ksdk.com/video/2071430157001/1/Hormel-Foods-buying-Skippy-for-700-million http://bcdownload.gannett.edgesuite.net/ksdk/35121359001/35121359001_2071439775001_th-50e61171e4b0a2be063fa566-1592194013001.jpg?pubId=35121359001 Hormel Foods buying Skippy for $700 million Hormel Foods is buying the Skippy peanut butter product line from Unilever for approximately $700 million as it looks to strengthen its business overseas and branch out beyond its meat business that includes Spam. nationalhormel foodsNewsskippyKSDK 00:29

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