Sara Lee (SLE +1%) is the target of M&A speculation following a Bloomberg report indicating...

|By:, SA News Editor

Sara Lee (SLE +1%) is the target of M&A speculation following a Bloomberg report indicating that Smithfield (SFD -0.1%) is looking for "meaty acquisitions." "Smithfield would and should have an interest in the retail meats division of Sara Lee," a Fifth Third analyst says. A move "would reinforce their desire to move further upstream into higher margin activities."