Word: mcaleer
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Dates: during 2000-2009
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...cooking aroma led passersby to clamor for the doughnuts, a demand met by cutting a window through a wall to handle retail. An ugly conglomerate, Beatrice Foods, bought Krispy Kreme in 1976 only to spin it off to franchisees in a 1982 leveraged buyout. Today the family of Joseph McAleer Sr., who led the LBO, holds roughly 25% of the shares...