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* Mellon Bank Corp. plans to sell its credit card and mortgage-servicing businesses and its transaction-processing unit by the end of the third quarter. The nation’s largest bank manager of mutual funds expects to reinvest the proceeds in other businesses, use them for acquisitions or buy back stock. Mellon also reported a 16% rise in fourth-quarter earnings to $222 million, or 84 cents a share, as fee revenue rose 13%.

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* Maytag Corp. agreed to buy privately held Jade Range, a Commerce company that specializes in premium commercial ranges, for $20 million to $25 million. Privately held Jade also makes ranges and outdoor grills for the residential market under the Dynasty brand. Jade has about 160 employees at its Commerce plant.

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