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Food giants Pilgrim’s Pride and Tyson Foods are bidding for Sara Lee’s former meat business Hillshire Brands.
Food giants Pilgrim’s Pride and Tyson Foods are bidding for Sara Lee’s former meat business Hillshire Brands.
(Toby Talbot/AP)

Voracious buyers find the meat on Sara Lee’s bones

Voracious buyers are finding the meat on Sara Lee’s bones. The old consumer conglomerate broke itself up into meat-focused Hillshire Brands and coffee roaster D.E Master Blenders 1753 in 2012 after spurning takeover offers worth about $12-billion (U.S.), according to press reports at the time. It looked like a raw deal – until now.