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* Trammell Crow Co., the largest property manager in the U.S., said it will restructure its business into two units that will focus on managing and brokering properties and developing and investing in properties on behalf of its clients. The company also reported a 38% increase in fourth-quarter operating profit to $30.9 million, or 85 cents a share, on a 25% rise in revenue to $259.6 million.

* Tyson Foods Inc. said it scrapped its tender offer for IBP Inc., a technical move that could delay the acquisition, as it awaits results of a federal probe into the beef processor’s accounting practices.

Guide to Our Staff: Need to reach Business section reporters or editors? A guide to the section’s staff can be found at https://www.latimes.com/bizstaff.

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