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Pillsbury Co.
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Pillsbury Co.

U.S. food-products company. It was established in Minneapolis in 1871 as C.A. Pillsbury & Co. Its founder, Charles Alfred Pillsbury (1842–99), built the company into one of the world's largest milling concerns in the 1880s, expanding the business by obtaining favourable freight rates and building his own grain elevators throughout the Northwest. He sold the firm to an English syndicate but remained its managing director until his death. Pillsbury later became a successful manufacturer of food products, acquiring subsidiaries such as Burger King, Häagen-Dazs, and Green Giant. It was acquired by Grand Metropolitan PLC (now Diageo PLC) in a hostile takeover in 1989, and in 2001 it was sold to former rival General Mills, Inc.



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With a proficiency (up to a point) in Mandarin, a doctorate in political science from Columbia University, and three decades of experience in dealing with the Chinese military, Pillsbury has emerged as a Defense Department favorite.
In an important real estate transaction that brings a major Lower Manhattan law firm to midtown, Pillsbury Winthrop LLP has leased approximately 180,000 SF of space for its new corporate headquarters at The Bertelsmann Building, 1540 Broadway, in the resurgent Times Square district.
Paulson held various positions at Diageo/The Pillsbury Company (NYSE:DEO).
 
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