Bloomberg TV Report on Sara Lee

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Jan. 28 (Bloomberg) -- Sara Lee Corp., the maker of Ball Park hot dogs and Douwe Egberts coffee, decided to split itself in two after failing to agree to takeover offers from suitors. Sara Lee said today that it will seek to spin off the meat business as a new public company by early calendar 2012. The board also named Marcel Smits chief executive officer. Bloomberg's Cristina Alesci reports. (Source: Bloomberg)

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