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Beef Bits

Mar 21, 2005
Oscar Meyer sale rumored Kraft Foods’ desire to focus solely on cheese and dairy, biscuits, coffee, and specialty beverages has fueled speculation that it wants to sell its Oscar Mayer and Louis Rich processed meat businesses. However, the massive size of the Oscar Mayer and Louis Rich brands make them saleable to only a few large companies. Some meat industry experts put a $1 billion price tag on just the Oscar Meyer brand. At least one industry watcher said S...

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