010247 Hormel Completes Turkey Store AcquisitionFebruary 27, 2001Austin, MN - Hormel Foods Corporation announced completion of its purchase of The Turkey Store Company, headquartered in Barron, Wis. Hormel Foods purchased all of the outstanding shares of The Turkey Store Company for $334.4 million in cash. Hormel Foods will merge The Turkey Store Company, a family-and employee-owned firm, into its wholly owned subsidiary, Jennie O-Foods, which will continue to be headquartered in Willmar, Minn.
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