A $60 billion food giant is about to emerge! It is reported that McCormick (MKC.US) and Unilever (UL.US) are close to reaching a merger agreement for their food businesses.
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McCormick is known for its spices and sauces, and owns brands such as Cholula hot sauce and French's mustard; Unilever's food brands include Knorr and Hellmann's.
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