Crown Cork & Seal to Buy Canning Units
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<i> United Press International</i>
PHILADELPHIA — Crown Cork & Seal Co. has agreed to buy the food and beverage metal canning units of Continental Can Co. in a purchase that will make Crown the nation’s largest maker of metal packaging.
Crown, based in Philadelphia, said it would pay $336 million for the two divisions, which have more than 30 U.S. plants and employ 4,000 workers.
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