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Magnolia Has Sweet Expansion Plans as Stephen Ross’s Venture Fund Acquires Bakery

New York’s iconic Magnolia Bakery is officially under new ownership. Stephen Ross’s RSE Ventures bought the bakery chain from owner Steve Abrams and his investors earlier this year for an undisclosed amount, the Wall Street Journal reports. If you have a sweet spot for Magnolia’s pastel-hued gourmet cupcakes, they may soon be more accessible than […]