BIRMINGHAM, Ala. -- BAMA Foods here has reached an agreement in principle for the sale of Laura Scudder's Natural Peanut Butter to J.M. Smucker Co., Orrville, Ohio. g of the transaction is expected to take place Dec. 9. No sale price was disclosed. BAMA Foods is a wholly owned subsidiary of Welch's, Concord, Mass. Welch's purchased BAMA Foods from Borden in July.

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