NEW YORK -- Seagram Co. here, owner of Tropicana Products, plans to purchase Dole Food Co.'s worldwide juice business, Dole and Seagram announced.
ole will license the Dole brand name to Tropicana. Seagram will also acquire manufacturing facilities in the United States and Europe and interests in joint ventures in Japan and China. The purchase price is $285 million.
Dole's canned pineapple juice business is not included in the deal. However, the agreement does include a long-t