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Owners of Instant Pot, Corelle to merge

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The owners of Instant Pot and Corelle plan to merge.

The combination of Instant Brands Inc., which owns Instant Pot, and Corelle Brands LLC would create a company with an enterprise value of over $2 billion.

Private equity firm Cornell Capital, which owns Corelle, will own the majority of the combined company.

Read more from The Wall Street Journal.

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