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Hormel Foods Annual Profit Sharing Continues

Hormel Foods Corporation, a global branded food company, today distributed its annual profit sharing to eligible hourly and salaried team members during this 83rd consecutive grant.

"There are many things that make Hormel Foods uncommon, including our portfolio of global food brands and the incredible people who make them," said Jim Snee, chairman of the board, president and chief executive officer at Hormel Foods. "Equally uncommon is our legacy of giving back to our team members and our communities..."

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Nov 24 8:49 AM, General News



GrubMarket Raises $200 Million Series E to Accelerate Profitable Growth and IPO Readiness

GrubMarket, a San Francisco-based food technology company with a mission to digitally transform the American food supply chain industry, announced today that it has raised $200 million in a massively oversubscribed Series E funding round from Tiger Global Management, funds and accounts managed by BlackRock, Liberty Street Funds, Apeira Capital, Japan Post Capital, Celtic House Asia Partners, We Capital and Walleye Capital, among other unnamed participants. This round values GrubMarket at over $1.2 billion.

"GrubMarket has already achieved an annual run rate of..."

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Nov 17 8:00 AM, General News







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