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Los Angeles-based RB Industries Inc. said it...

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Los Angeles-based RB Industries Inc. said it expects to report a loss for the quarter ended Dec. 31, 1984, because of continued inventory liquidation and costs associated with consolidating operations at the company’s W&J; Sloane subsidiary . . . CHB Foods, Terminal Island, said it agreed in principle with Hermes Investment for a merger of CHB Foods with California Home Brands Inc., a new company formed by New York-based Hermes, at a price of $16 a share in cash, or a total of about $60.4 million.

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