Summary Box: Sara Lee may sell more business units

AP News
Posted: May 05, 2011 1:49 PM

SLIMMING DOWN: Sara Lee Corp., which has already sold several business lines and is in the process of splitting in two, is considering selling its international bakery and North American refrigerated dough businesses.

DIM OUTLOOK: Sara Lee's earnings came in just shy of expectations and cut its full-year outlook because rising commodity costs are putting more pressure on its business.

SAUSAGE BUY: The company also announced that it is buying Aidells Sausage Co. for $87 million in cash to help strengthen its North American meat business and expand its reach into premium meats.