Sara Lee takeover talk warms up, new suitors reported
The Wall Street Journal cites sources who say there is interest in a purchase of Sara Lee Corp. by private-equity firm Apollo Global Management LLC, investor C. Dean Metropoulos and a group of investors.
WSJ sources say the group has met with Sara Lee's advisers in recent weeks to discuss a possible deal. Apollo and, separately, Kohlberg Kravis Roberts & Co., had approached Sara Lee last year about a buyout, but the company had decided against a sale, the people said. Click here to read more details in the Wall Street Journal's story.