Sara Lee announced yesterday that they would divide the US-based operation in half after rejecting several buyout offers from firms all over the world. The division of the company will be an equal split. Besides the baked goods for which they are best known, Sara Lee is also a maker of meats, pre-packaged and sold […]
Sara Lee, the largest US-based frozen dessert maker, announced this morning that they have rejected a buyout offer from a private equity firm because the figure was too low. The private equity firm placed a bid with Sara Lee officers which worked out to $18 per share for the company, including taking over millions in debt. […]
Facebook, Silicon Valley’s most popular company, announced yesterday that they have landed $1.5 billion in funding through private investments in the famed social network. The company received a major push from several overseas private investors who were thrilled with the chance to own a piece of the social network. However, the matter of what to […]