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: Crisco to be sold to Baker’s Joy maker in deal worth $550 million

The J.M. Smucker Co. said late Monday it has agreed to sell its oils and shortening business under the Crisco brand to B&> Foods Inc. for about $ 550 million. It was nothing against Crisco, which was first introduced to U.S. kitchens in 1911 — J.M. Smucker SJM, -0.38% had …

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