Sara Lee Selling Unit To Ralcorp For $545 Million
By MICHELLE CHAPMAN AP Business Writer
NEW YORK (AP) _ Sara Lee will sell its North American refrigerated dough business to Ralcorp for $545 million, the company said Tuesday, as it moves closer to splitting itself into two separate entities.
Sara Lee Corp. has been selling off parts of itself for years and announced in January that it would split its remaining businesses in two by early 2012, with one company focused on coffee and the other largely focused on meat. The Downers Grove, Ill. company announced in May that it was shopping around its refrigerated dough business and its international bakery operations.
Latest Stories
- “BRONZEVILLE TRAIL” SOIL TESTING SCHEDULED BY COOK COUNTY DEPARTMENT OF ENVIRONMENT & SUSTAINABILITY
- Chicago Members of Omega Psi Phi Fraternity Join African American Male Wellness Agency for 3rd Annual Black Men's Wellness Day
- Thornton Township High School District 205 Deploys ZeroEyes AI Gun Detection and Intelligent Situational Awareness Technology
- June is National Homeownership Month
- General Assembly Passes Giannoulias Measure Targeting Emerging Distracted Driving Threats from AI Wearable Technology
Latest Podcast
JERALD GARY- REGAL THEATER
