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Krispy Kreme mulling cash deal for Insomnia Cookies

Por: Fox Business Business October 04, 2023

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Chefs John McLemore Sr. and John McLemore II discuss the rise in food inflation under the Biden administration on 'The Big Money Show.'  on Tuesday said it is exploring strategic alternatives for Insomnia Cookies, including an all-cash purchase. Krispy Kreme acquired a majority stake in Insomnia Cookies in 2018 and expects revenues of approximately $230 million in fiscal year 2023, the company said in a statement. Krispy Kreme has... + full article



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