Sara Lee Shares Soar on Reports it Spurned KKR Offer

Food giant Sara Lee saw its shares surge over 18% in premarket trading Monday after the New York Post reported the company turned down a $12 billion buyout offer from private-equity company KKR & Co.), citing unnamed sources.

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Sara Lee Shares Soar on Reports it Spurned KKR Offer originally appeared on DailyFinance on Mon, 04 Oct 2010 10:01:00.

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