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Sara Lee to split into 2 businesses

Sara Lee to split into 2 businesses

Sara Lee Corp. is splitting into two public companies, completing a long series of moves that took the company from a conglomerate to a smaller business focused on food and drinks.
One business will concentrate on its meats, frozen desserts and food service business while the other is centered on coffee and baked goods.
The company said Friday the North American retail and food-service unit will retain the Sara Lee name and will include that brand as well as Jimmy Dean, Ball Park, Hillshire Farm and others.
The other unit has yet to be named. It will include all its international bakery business and all of its beverage business, which owns brands such as Douwe Egberts, Senseo, Pickwick, Maison du Caf