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  • Lunch meat purveyor Hormel Foods is making a run at the supermarket's middle aisles, buying the Skippy peanut butter brand for about $700 million.The Austin, Minn., company, also known for its Spam canned ham, is acquiring Skippy from Unilever's U.S. operation, which also owns brands such as Vaseline and I can not Believe it is Not Butter!Hormel, whose main strength is its domestic sales of Jennie-O,
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