Hormel Buys Skippy Peanut ButterHormel Buys Skippy Peanut ButterMinnesota-based Hormel Foods - food parent to brands like Spam and Hormel Meats - has bought Skippy Peanut Butter from Unilever. The deal is rumored to be $700 million for the venerable food brand.Steve TankoSteve Tanko