Close the acquisition of Sadler's Smokehouse
Delivered by the deadline
AI-assessed · human review in progress Found and assessed by AI from the cited sources. Shown with its evidence; it is not counted in any Kept Score until confirmed.
- Announced
- 20 Feb 2020
- Due
- 31 Mar 2020
- Delivered
- 2 Mar 2020
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The acquisition is expected to close in March 2020, subject to customary closing conditions.”
What we found
Evidence strength A What the grades mean
Hormel Foods successfully completed the acquisition of Sadler's Smokehouse on March 2, 2020, which falls within the company's stated March 2020 deadline.
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A Hormel Foods 10-Q filed 2020-06-02
“On March 2, 2020, the Company acquired the assets comprising the Sadler's Smokehouse business (Sadler's) for a preliminary purchase price of $268.9 million” ✓ confirmed on the page
Market reaction: the shares moved -3.7% against the S&P 500 over the three sessions around the disclosure (1 Jun 2020 to 4 Jun 2020). What this measures
Checked 18 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Acquisition close
- Indicative materiality
- High rules
- Action
- Close
- Deliverable
- acquisition of Sadler's Smokehouse
- Where
- Texas
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to customary closing conditions
- Depends on
- Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Not yet confirmed. Shown on the record, but it will not count in any score until it is confirmed. How verification works
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Report an error in this entry Reference: KI-C-2020-HRL-014133 · Corrections policy