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Nestle to Buy PowerBar

 

Updated from 7:49 a.m. EST

Nestle USA, a unit of Nestle (NSRGY Quote), said on Wednesday that it has agreed to buy closely held PowerBar, the manufacturer of energy and nutrition bars, for an undisclosed amount.

Nestle will also buy the company's two subsidiaries, Toronto-based PowerBar Foods Canada and Munich-based PowerBar Europe. ...

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