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Earthgrains Co

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BUSINESS
November 16, 1999
St. Louis-based Earthgrains Co. agreed to buy rival baker Metz Baking Co. for $625 million in cash, which would make it the nation's second-largest producer of fresh packaged bread behind No. 1 Interstate Bakeries Corp.
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BUSINESS
July 24, 2001
* Sara Lee Corp.'s $2.8-billion acquisition of Earthgrains Co. was cleared by antitrust regulators. The transaction will make Sara Lee, the biggest U.S. maker of frozen pies and cakes, the nation's second-largest bread company.
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BUSINESS
July 24, 2001
* Sara Lee Corp.'s $2.8-billion acquisition of Earthgrains Co. was cleared by antitrust regulators. The transaction will make Sara Lee, the biggest U.S. maker of frozen pies and cakes, the nation's second-largest bread company.
BUSINESS
July 3, 2001 | Reuters
Sara Lee Corp. said it will buy No. 2 U.S. bakery Earthgrains Co. for about $1.7 billion in cash, extending Sara Lee's baking operations into fresh breads and refrigerated doughs. In the largest acquisition in its history, Sara Lee said it will pay $40.25 in cash for each share of St. Louis-based Earthgrains, or more than a 50% premium over its closing price Friday, and will assume $1.1 billion in debt. Earthgrains shares soared $13.82 to $39.82, and Sara Lee shares rose 55 cents to $19.
BUSINESS
July 3, 2001 | Reuters
Sara Lee Corp. said it will buy No. 2 U.S. bakery Earthgrains Co. for about $1.7 billion in cash, extending Sara Lee's baking operations into fresh breads and refrigerated doughs. In the largest acquisition in its history, Sara Lee said it will pay $40.25 in cash for each share of St. Louis-based Earthgrains, or more than a 50% premium over its closing price Friday, and will assume $1.1 billion in debt. Earthgrains shares soared $13.82 to $39.82, and Sara Lee shares rose 55 cents to $19.
BUSINESS
November 25, 1999 | Times Staff, Bloomberg News
Sometimes, there are potholes on the information superhighway. Shares of PNV Inc. (ticker symbol: PNVN) of Coral Springs, Fla., which provides Internet access and Web-based telephone service to truckers, dropped $1.50 from its initial public offering price in its Nasdaq trading debut Wednesday, closing at $15.50. Meanwhile, among stock rating changes analysts issued Wednesday: * Pierce Leahy Corp. (PLH; close and change: $33.
BUSINESS
August 1, 2003 | Marla Cone, Times Staff Writer
Sara Lee Corp.'s bakery unit, charged with leaking large volumes of ozone-depleting chemicals at its newly acquired bakeries, will pay a record $5.25-million civil fine and convert to safer refrigeration systems under a settlement announced Thursday with the Justice Department and the Environmental Protection Agency. Federal officials said the alleged violations at 57 U.S.
NEWS
September 29, 2000 | NANCY CLEELAND, TIMES STAFF WRITER
Is half the world on strike, about to strike or coming off a strike? In Los Angeles, where janitors, librarians, teachers, bus drivers and actors have appeared downright eager to carry picket signs, it sure feels that way. Labor strife is becoming the great unifier, cutting across lines of class, race and ethnicity, drawing equal passions from workers in the public and private sectors, from professionals and unskilled laborers alike.
BUSINESS
November 16, 1999
St. Louis-based Earthgrains Co. agreed to buy rival baker Metz Baking Co. for $625 million in cash, which would make it the nation's second-largest producer of fresh packaged bread behind No. 1 Interstate Bakeries Corp.
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