(Reuters) – Hormel Foods Corp , the creator of Spam canned ham, mentioned it might get the Skippy peanut butter company from Unilever Plc for about $ 700 million to expand its non-meat company. The Skippy brand, introduced inside 1932, can modestly add to Hormel’s fiscal 2013 results plus add between 13 plus 17 cents per share to 2014 earnings, the organization mentioned. “(Skippy) enables you to develop the branded presence inside the center of the shop with a non-meat protein product plus it reinforces the balanced portfolio,” mentioned Hormel Chief Executive Jeffrey Ettinger. …
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