International Multifoods Corp. of Minneapolis said it...
International Multifoods Corp. of Minneapolis said it has completed its acquisition of Bakers Choice in Ontario for an undisclosed price . . . Sunnyvale-based Logic Devices Inc. may raise up to $6 million through an initial public offering of 1 million common shares, according to a filing with the SEC . . . The Treasury auctioned 20-day cash management bills at an average yield of 7.93%. The discount rate understates the actual return to investors: 8.08% with a $10,000 bill selling for $9,955.90 . . . Marriott Corp., Washington, said it has completed a previously announced purchase of Wag’s family restaurant chain from Walgreen Co. . . . Palo Alto-based Varian Associates says it may buy back up to 3 million shares of its common stock . . . The New York Stock Exchange said a seat on the exchange sold for $600,000, a $25,000 decline from the last such sale on Aug. 18.
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