Food and beverage company Sara Lee (SLE) has been in discussions to sell itself to Brazilian meat company JBS.
Talks have been taking place intermittently for several months, Reuters reported without naming its sources. The companies have disagreed over the price of Sara Lee and it is not clear that they can reach a deal.
Sara Lee’s stock closed at $17.26 a share on Friday, giving the company a…
Continue reading Sara Lee Considering Sale to Brazil’s JBS
Sara Lee Considering Sale to Brazil’s JBS originally appeared on DailyFinance on Mon, 20 Dec 2010 06:34:00.
Filed Under: Company News, Retail