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Reuters alone on Campbell nixing Sara Lee auction 07.21.2010 Reuters exclusively reported on July 21 that Campbell Soup was not interested in bidding for Sara Lee’s food unit, reducing hopes for a competitive auction for the unit that could fetch $1 billion. Shares of Sara Lee, which had been up more than 2 percent before the Reuters story, lost 1.7 percent of their gains. The Chicago Tribune and Crain’s had previously cited Campbell as a bidder. more Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region

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Reuters alone on Campbell nixing Sara Lee auction

07.21.2010

Reuters exclusively reported on July 21 that Campbell Soup was not interested in bidding for Sara Lee’s food unit, reducing hopes for a competitive auction for the unit that could fetch $1 billion. Shares of Sara Lee, which had been up more than 2 percent before the Reuters story, lost 1.7 percent of their gains. The Chicago Tribune and Crain’s had previously cited Campbell as a bidder.
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