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Page 7 - Lee Jay Hyun News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Family succession at major conglomerates put on hold due to lackluster IPO market

Schwan s sold to S Korean firm in $1 8B deal

The Schwan family, descendants of founder Marvin Schwan who started the company in Marshall, Minn., in 1952, will still have 20 percent, and own and run home delivery service.

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