Sara Lee Corporation, Downers Grove, Ill., said it expects in 2013 to move its North American business headquarters -- with as many as 500 jobs -- to downtown Chicago.
Request Foods said it has begun processing and co-packing frozen skillet meal products now that a second, 230,000-sq.-ft. plant, the company's second location in Holland, Mich., is operational.
Campbell Soup and Pepperidge Farm executives broke ground on a 34,000-square-foot innovation center in a ceremony at Pepperidge Farm’s headquarters in Norwalk, Conn.
William Blair & Company, Chicago, said it acted as exclusive financial advisor to Wenner Bread Products, Inc. in a recapitalization deal involving members of the bakery's founding family.
After it was rebuffed in private discussions, ConAgra went public to say it would like to buy Ralcorp for $86 per share in cash, or approximately $4.9 billion, plus the assumption of $2.5 billion in debt.