Nobody Does It Like Sara Lee?

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What an exciting month January was for Sara Lee (SLE). To recap: Brazilian meat processor JBS SA's bid of $17.50/share is rejected by the board as too low. Rumors of a spinoff begin to surface, but private equity buyers begin to circle and JBS SA plans on increasing their offer. A short while later, the [...]
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Posted In: Consumer StaplesPackaged Foods & Meats
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