The J.M. Smucker Co., which makes a wide variety of jams and jellies and other foods, is acquiring the Jif peanut butter and Crisco cooking oil brands from Procter & Gamble Co. for $1 billion in stock. (Al Behrman / The Associated Press)
The J.M. Smucker Co., which makes a wide variety of jams and jellies and other foods, is acquiring the Jif peanut butter and Crisco cooking oil brands from Procter & Gamble Co. for $1 billion in stock. (Al Behrman / The Associated Press)
The J.M. Smucker Co., which makes a wide variety of jams and jellies and other foods, is acquiring the Jif peanut butter and Crisco cooking oil brands from Procter & Gamble Co. for $1 billion in stock. (Al Behrman / The Associated Press)

First Course

October 15, 2008 11:20 AM