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Politics : Moneymade's Champagne Room

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From: M0NEYMADE3/31/2008 9:08:19 AM
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ALERT: IBCIQ (.05) Sara Lee could look to acquire Interstate Bakeries-Crain's Chicago Fly On The Wall "All News "
A deal between Sara Lee (SLE) and Interstate Bakeries (IBCIQ) could be a fix for the business, Crain's Chicago Business contends. Interstate appears to be a likely candidate for Sara Lee because of its strategic fit and availability; Interstate, trying to reorganize in Bankruptcy Court, is seeking a buyer for all or parts of its business. Other acquisition candidates for Sara Lee may include Kraft's (KFT) Oscar Mayer or Procter & Gamble's (PG) Folgers. [Reference Link]:[http://www.chicagobusiness.com/cgi-bin/news.pl?rssFeed=news&id=28761]
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