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Tyson Foods enters pact to sell Sara Lee Frozen Bakery, Van's businesses

from Food Business News

Kohlberg & Company LLC a Mount Kisco, New York-based private equity firm, is partnering with C.J. Fraleigh to acquire the Sara Lee Frozen Bakery and Van's businesses from Tyson Foods Inc. Financial terms of the transaction were not disclosed. Under terms of the deal, Kohlberg & Co. would acquire the Chef Pierre, Bistro Collection and Van's brands, as well as a license to use the Sara Lee brand in certain channels. more

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