Inside these posts: Brenda Barns

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Sara Lee pushing ahead on break up plan, for now

Sara Lee Corp. is pushing ahead with plans to separate its two main businesses, after offers from interested buyers came in below the company’s price expectations, people familiar with the matter said.

The expected move is likely to squelch what had been a mounting auction for the Downers Grove-based company. But it could set up opportunity for deals in the future. Get the full story »