Also

* Mead Corp. said it’s cutting about 500 out of a total of 14,000 jobs, selling nonstrategic assets and taking a second-quarter restructuring charge of about $80 million to focus on its core businesses. Mead, a leading maker of school and office supplies, will use proceeds from the asset sales to expand its core business lines.

* Pen-Tab Holdings Inc. is buying Newell Co.’s Stuart Hall stationery and school supplies business for $110 million, giving it licenses to Warner Bros. Looney Tunes characters, among others.

* Campbell Soup Co. agreed to buy closely held Fortun Foods Inc., maker of Stockpot brand fresh soups, for undisclosed terms.