Sara Lee Chief Might Consider Acquisitions - Bloomberg
June 18 2009 - 5:53AM
Dow Jones News
Illinois-based Sara Lee Corp. (SLE) might consider acquisitions
to boost its food and coffee divisions, Bloomberg News reported
Thursday, citing the company's Chairman and Chief Executive Officer
Brenda Barnes.
Sara Lee could handle a large purchase, the report cited Barnes
as saying in an interview in New York.
Barnes said the company has simplified its technology systems,
gotten out of underperforming businesses and introduced better
products based on consumer research in recent years, according to
the report.
"We now have the capability to do this," she was quoted as
saying, without specifying the amount the company is willing to
spend on acquisitions. "Early on, we didn't earn the right to
buy."
Full story:
http://www.bloomberg.com/apps/news?pid=20601109&sid=asxw7wab7hKQ