Spinoff News
Sara Lee spinoff to distribute $4.6B in stock Food company Sara Lee Corp. said Friday that its shareholders will get stock valued at up to $4.55 billion when it spins off its international coffee and tea business later this year.The coffee and tea business, which includes brands such as Senseo and Pickwick Teas, will also move its headquarters from Utrecht to Amsterdam in the second half of the year in part to be close to key Western European
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