From Bloomberg | Goldman Sachs analysts named a group of companies Friday that they said have at least a 30 percent chance of being sold in the next 12 months. The list includes Downers Grove-based Sara Lee Corp., Glenview-based Mead Johnson Nutrition Co. and Allergan Inc.
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Sara Lee sets Friday webcast to discuss future
Sara Lee Corp. will hold a webcast Friday morning to provide an update on “strategic initiatives.”
The Downers Grove-based company has been the subject of rampant sale and breakup rumors since the fall that have reached a fever pitch this week. Get the full story »
Takeover talk weighs heavily on Sara Lee stock
Stock in Downers Grove-based Sara Lee Corp. took a dive Wednesday amid uncertainty about the company’s future. It closed down 5.7 percent, to $18.52.
Investors have been lifting the stock to 52-week highs since early December on reports that the company is likely to be broken up or sold. Get the full story »
Talk of a pending sale lifts Sara Lee stock
Crain’s Chicago Business | Shares in Sara Lee hit a 52-week high Friday on talk that the food company could be sold soon.
