Sara Lee considers business break-up

Reuters reports that Sara Lee’s board aims to decide by the end of the month whether to break apart the company, but an unknown source has said that any decision would be dictated by the potential tax costs.

JBS hasn’t ruled out making another bid, but the Brazilian beef processor may have trouble securing sufficient financing, according to The Wall Street Journal.

Sara Lee shares closed unchanged at $17.46 on the New York Stock Exchange.