Sara Lee Approves Special $3 Dividend, Reverse 1-for-5 Stock Split

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Sara Lee Corp. (Sara Lee)
SLE
today announced that its board of directors has unanimously approved the separation of its international Coffee & Tea business (“CoffeeCo”) from Sara Lee Corp. The Sara Lee board has also approved a 1-for-5 reverse stock split of shares of Sara Lee common stock to take effect immediately after the separation.
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Posted In: NewsDividendsStock Split
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