Hormel buying No. 2 peanut butter Skippy for $700MNEW YORK (AP) — Hormel Foods apparently has a hankering for a peanut butter and bacon sandwich. The company primarily known for Spam and other cured, smoked and deli meats said Thursday that it's buying Skippy, the country's No. 2 peanut butter brand, in its biggest-ever acquisition.
By: CANDICE CHOI,AP Business Writers MICHELLE CHAPMAN,AP Business Writers, Associated Press