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NEWS IN BRIEF

Posted: January 3, 2013 at 1:17 a.m.

Butterball buys Gusto Packing Co.

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Business, Pages 21 on 01/03/2013

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LR’s Skippy plant in sale to Hormel for $700 ...

Hormel Foods CEO Jeff Ettinger holds a news conference Thursday at Hormel Corporate North in Austin, Minn. Hormel Foods is buying Skippy, the country’s No. 2 peanut butter brand, for about $700 million.

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