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Smucker Completes Folgers Merger
November 7, 2008
1 Min Read
ORRVILLE, OhioJ.M.. Smucker Company completed its merger with the Folgers Coffee Company, a subsidiary of Procter & Gamble. The $3 billion transaction includes the issuance of Smucker common shares and $350 million of Folgers debt guaranteed by Smucker in connection with the merger.
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