: Crisco to be sold to Baker’s Joy maker in deal worth $550 million

The J.M. Smucker Co. has agreed to sell its oils and shortening business under the Crisco brand to B&G Foods Inc. for about $550 million.

The J.M. Smucker Co. has agreed to sell its oils and shortening business under the Crisco brand to B&G Foods Inc. for about $550 million.