Question: No AI help please!! Please answer the following questions based on the images attached: 1 ) . Why do you think Hormel acquired Justin s
No AI help please!!
Please answer the following questions based on the images attached:
Why do you think Hormel acquired Justins to add to the strength of its peanut and nut butter offerings and to add a product to its portfolio that appealed to a younger, more healthconscious consumer rather than creating a similar product from scratch in its own R&D labs?
Why do you think Justins didnt try to raise additional funds to acquire more resources to manage its growth rather than selling itself to Hormel?
If you had been a loyal Justins customer when the Hormel acquisition was announced would you have reacted adversely to the acquisition? Why or why not?
What is a liquidity event? Why do firms that take money from investors strive to find a liquidity event within a year time frame? In your judgment, did Justins have a favorable exit or liquidity event Explain your answer.
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