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Hormel Foods selling CytoSport

PepsiCo buying business

Hormel Foods logo
Hormel Foods logo

Hormel Foods Corporation has entered into a definitive agreement to sell its CytoSport business and Muscle Milk brand to PepsiCo, Inc. Expected to be completed in the next 30 to 60 days, the transaction is subject to customary closing conditions, including regulatory approvals.

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