Nobody Doesn’t Like Sara Lee- Dan Loeb and John Paulson Buy Ahead Of Spin

May 16, 2012
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In separate filings today, Dan Loeb, fresh off his successful fight for Yahoo(YHOO) board seats, revealed that he had increased his Sara Lee(SLE) stake, and John Paulson announced a new stake in the disappearing conglomerate.  Sara Lee will be paying a special dividend of $3 per share and spinning off its coffee and tea business by June 30.

Disclosure: The author owns shares of SLE and YHOO

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  • http://twitter.com/lowOffer lowoffer

    thoughts / more info on SHLD spin off talk today? thanks

  • http://profile.yahoo.com/SCTWWS52KQ7WERC6BBGJJRTINM E S

    14 th june some stock SARA LEE in account

    15 till 29 june the same amount no changes

    the 6 th of July received the fractional amount of money

    7 th of July not received the special dividend and the common stocks DEMB



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