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Rxbar is on the block: WSJ

Rxbar, the protein bar maker, is up for sale and has hired Piper Jaffray & Co, according to the Wall Street Journal. Rxbar, of Chicago, produced about $7 million in 2016 EBITDA and is expected to generated more than $20 million EBITDA in 2017, the story said. Peter Rahal and Jared Smith founded Rxbar in their kitchen, the WSJ said.