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These 2 Big Businesses Joined a Fast-Growing Trend

These 2 Big Businesses Joined a Fast-Growing Trend

Starbucks (NASDAQ: SBUX) and General Mills (NYSE: GIS) made news on that score recently, as both of the food and beverage companies announced strategic divestitures designed to let them concentrate more on their best prospects for long-term growth. Starbucks announced late Tuesday that it had entered into an agreement to sell its Evolution Fresh brand to privately held Bolthouse Farms.