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US: Cape Cod Potato Chip’s parent company sold in billion-dollar deal

Campbell Soup Co. announced on Monday it will buy Snyder’s-Lance Inc., the Charlotte-based parent company of Cape Cod Potato Chips, in an all-cash deal valued at $4.87 billion. The well-known Hyannis-based brand got its start in 1980, when the founders set up a small shop in a storefront in the Cape town. Lance Inc. acquired Cape Cod Potato Chips in 1999. Terms of the deal were[Read More...]

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