A Tasty Morsel – Sara Lee To Breakup?
Image via Wikipedia After rejecting JBS SA‘s offer of $17.50/share, Sara Lee (SLE) was rumored to be favoring a breakup strategy which would likely involve the spinoff of either its coffee or meats...
View ArticleNobody Does It Like Sara Lee?
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...
View ArticleMeet The New MeatCo CEO
Sara Lee(SLE) continues to prepare for the second quarter spin off of their coffee and tea business, leaving behind their North American meats division, a business they are still calling, improbably,...
View ArticleSara Lee Takes Another Step Towards Spinning CoffeeCo
We are entering the final months of the Sara Lee(SLE) conglomerate. The empire, which once included Coach(COH) handbags and Hanes(HBI) underwear, is aiming spin off its Coffee & Tea...
View ArticleHow Do You Say Spinoff In Portuguese?
It seems the spinoff bug is even starting to spread a bit into the emerging markets, with Brazil being the latest country to catch the fever. Well…maybe more of a cough or a minor cold. JBS SA (JBSAY),...
View ArticleThe Name Game Continues: Sara Lee Digs Into Its Past
Tired of reading about new names? Out of luck because Sara Lee recently recently unveiledD.E. Master Blenders 1753 as the new name for its international tea and coffee business. What is that name?...
View ArticleSara Lee Spinoff Moves Along, Expected By June 30
Sara Lee(SLE) released earnings recently, and updated investors on the status of the upcoming $3 special dividend and spin off of its coffee and tea business as D.E. Master Blenders 1753. From the...
View ArticleNobody Doesn’t Like Sara Lee- Dan Loeb and John Paulson Buy Ahead Of Spin
In separate filings today, Dan Loeb, fresh off his successful fight for Yahoo(YHOO) board seats, revealed that he had increased his Sara Lee(SLE) stake, and John Paulson announced a new stake in the...
View ArticleParty Like It’s D.E. Master Blenders 1753! Sara Lee Spin Begins Trading Today...
Sara Lee (SLE) has been very busy recently putting the finishing touches on the upcoming spinoff of its international coffee and tea business, D.E. Master Blenders International 1753. While it was not...
View ArticleReader Question: What Happens Now That Sara Lee No Longer Calls?
A reader writes: my broker cannot help me I had 6 calls 20 of SARA LEE due july 21 company was spinoff and is now hilshire SLE to HSH my calls are not listed anymore Am i eligible to the $ 3.00 per...
View ArticleBrewing The Books In Brazil: Accounting Irregularities At DE Master Blenders...
That was quick. Weeks after its spinoff from Hilshire Brands(HSH), the former Sara Lee, DE Master Blenders 1753(DEMBF) announced today that it had found accounting irregularities, and would be...
View ArticleDE Master Blenders Scooped Up By JAB Led Group
When discussing spinoffs, analysts often toss in a comment about how the new slimmed and focused companies will be more attractive acquisition targets. After all, who doesn’t like the idea of a...
View ArticleFarewell DE Master Blenders 1753! Today Is Last Day Of Trading
DE Master Blenders 1753’s (DE.AS or DEMBF) listing on the NYSE Euronext will be terminated on Tuesday, October 29th. To be fair, this is a mere formality as the stock hasn’t really traded much in the...
View ArticleHillshire Brands, Last Remnant Of Sara Lee, Subject Of Intense Bidding War
What is one thing that both real estate brokers and shareholders really love? A BIDDING WAR! That’s right, M&A is heating up and surprisingly it’s a packaged meat company that is at the heart of...
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