HORMEL FOODS CORPORATION (NYSE:HRL) Files An 8-K Completion of Acquisition or Disposition of AssetsItem 2.01 Completion of Acquisition or Disposition of Assets
On November27, 2017, Hormel Foods Corporation (the Company) completed the previously announced acquisition of Columbus Manufacturing,Inc., an authentic, premium deli meat and salami company, from Chicago-based Arbor Investments.
The purchase price is approximately $850 million.
Section7 – REGULATION FD
Item 7.01 Regulation FD Disclosure
On November27, 2017, the Company issued a press release announcing the closing of the acquisition of Columbus Manufacturing,Inc., an authentic, premium deli meat and salami company. A copy of the press release is furnished as Exhibit99 to this Form8-K and is incorporated herein by reference.
Section8 – OTHER EVENTS
Item 8.01 Other Events
On November27, 2017, in connection with the closing of the acquisition, the Company issued a press release to also provide updated guidance for fiscal year 2018. A copy of the press release is furnished as Exhibit99 to this Form8-K and is incorporated herein by reference.
Section9 – FINANCIAL STATEMENTS AND EXHIBITS
Item 9.01 Financial Statements and Exhibits
(d) Exhibits furnished to Items 7.01 and 8.01
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Press release issued November27, 2017 |