HomeBusiness NewsHo ho ho. Parsippany company to buy the Jolly Green Giant...

Ho ho ho. Parsippany company to buy the Jolly Green Giant for $765M

Sep 3, 2015

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PARSIPPANY — A Parsippany-based food manufacturer and distributor will pay General Mills $765 million to acquire its Green Giants brand. B&G Food, which will also take over General Mills’ Le Sueur brand, expects to close the deal in the fourth quarter of this year. Adding the new brands is likely to increase net sales by $550…

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