Are Rumors of Sara Lee’s Bakery Sale Toast?

Are Rumors of Sara Lee’s Bakery Sale Toast?
NEW YORK (TheStreet) — If the rumors are true. The sale of Sara Lee’s bread and bakery business could be tough, says Jones Day’s Bob Profusek. Even though M&A in the consumer sector is hot– and bidders such as Campbell Soup Co., Hostess Brands Inc, and Flower Foods could be checking out the asset– bakery businesses are challenging to sell.