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Hormel Foods Corporation Message Board

  • chekmark chekmark Dec 14, 2000 1:20 PM Flag

    Is HRL a takeover candidate?

    How much would this company fetch?

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    • don't think it would get past the stockholders
      whose control lies in the Hormel Foundation, current &
      retired employee retirement plans,and employee profit
      sharing & 401K plans. i am sure the stockholders know
      what can happen when a suitor comes in from the
      outside and can run a business outside their industry
      into the ground. prime example: phillip morris buyout
      of oscar mayer. OM is almost invisible except in the
      store case as bacon and weiners. PM ruined that

      wouldn't get my vote.

      has the composter been
      kidnapped?? i'm worried!


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