KRAFT BUYS BORDEN PASTA LINE

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(Aug. 27, 2001) -- Kraft Foods Inc. announced it has bought Borden Foods Corp.'s It's Pasta Anytime! meal line.

The year-old line of pasta and sauce single-serving meals will become part of Kraft's Cheese, Meals & Enhancers group, based in Glenview, Ill.

Terms of the deal were not disclosed. -- Mercedes Cardona

Copyright August 2001, Crain Communications Inc.

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