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Krispy Kreme Case StudyAustin Kemp1/17/17GEB 3376Professor MoradianKrispy Kreme3-17) The company has been sold several times. The original sale of the company was in 1935. It was sold by Ishmael Armstrong to Vernon Rudolph’s father, Plumie. Vernon then passed away and in 1976 was sold to Beatrice Foods of Chicago. Then in 1982 Joseph A McAleer.