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Hershey Expands Salty Snack Line With Pretzel Company Acquisition

November 10, 2021: 12:00 AM EST
The Pennsylvania-based candy company, whose salty snacks include SkinnyPop popcorn and puffed rice-and-corn treat Pirate’s Booty, is expanding the portfolio with the purchase of Dot’s Homestyle Pretzels. Hershey said it will spend $1.2 billion for North Dakota-based Dot’s Pretzels LLC as well as Pretzels Inc., an Indiana-based manufacturer of Dot’s Pretzels that operates three plants. The deal is expected to close later this year.
Dee-Ann Durbin, "Hershey goes salty, buys Dot's Homestyle Pretzels for $1.2B", Penn Live Patriot News, November 10, 2021, via The Associated Press, © The Associated Press/Advance Local Media LLC
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