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May 23, 1989 | JUBE SHIVER Jr., Times Staff Writer
After operating its Bumble Bee canned seafood business for less than a year, Pillsbury Co. said Monday that it has decided to sell the San Diego-based unit, as well as its Van de Kamp's Frozen Foods business in Long Beach, with the assistance of the New York investment firm Morgan Stanley & Co. Pillsbury, since it was acquired by Britain's Grand Metropolitan for $5.7 billion earlier this year, has sold off a number of subsidiaries and fired 550...
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BUSINESS
May 23, 1989 | JUBE SHIVER Jr., Times Staff Writer
After operating its Bumble Bee canned seafood business for less than a year, Pillsbury Co. said Monday that it has decided to sell the San Diego-based unit, as well as its Van de Kamp's Frozen Foods business in Long Beach, with the assistance of the New York investment firm Morgan Stanley & Co. Pillsbury, since it was acquired by Britain's Grand Metropolitan for $5.7 billion earlier this year, has sold off a number of subsidiaries and fired 550...
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