Beverly Hills, CA–To expand its product line and distribution network, food gifts cataloger/retailer Mrs. Beasley’s has bought the assets of Ernst Mueller’s Fine Baking. Mrs. Beasley’s, which is owned by Los Angeles-based Kayne Anderson Investment Management, sells gift baskets of mini muffins, brownies, cookies, and Miss Grace Cakes; Fine Baking’s product line includes fruit cakes, tarts, and breads. Fine Baking sells its merchandise to airlines and hotels as well as food shops, and Mrs. Beasley’s now hopes to sell its wares to these outlets as well.