SMUCKER TO ACQUIRE JIF, CRISCO

ORVILLE, Ohio -- J.M. Smucker Co. here said last week it has reach a definitive agreement with the Procter & Gamble Co., Cincinnati, to acquire P&G's Jif peanut butter and Crisco cooking oils businesses in an all-stock transaction. With the successful closing of the transaction, Smucker said it expects its sales to approximately double, to $1.3 million.ial results of the auction.McLane Completes C-Store

ORVILLE, Ohio -- J.M. Smucker Co. here said last week it has reach a definitive agreement with the Procter & Gamble Co., Cincinnati, to acquire P&G's Jif peanut butter and Crisco cooking oils businesses in an all-stock transaction. With the successful closing of the transaction, Smucker said it expects its sales to approximately double, to $1.3 million.

ial results of the auction.

McLane Completes C-Store Acquisition

TEMPLE, Texas -- McLane Co. here said it

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