Sara Lee Corp is moving ahead with plans to split its meat and coffee businesses into two separate companies, The Wall Street Journal reported on last Thursday, citing people familiar with the matter.  The company shot down a takeover bid last month from Brazilian meat processor JBS SA. No other buyers have surfaced, and JBS could sweeten its pitch, but it might have trouble securing financing, the newspaper said, citing the people.  Sara Lee's meat brands include Jimmy Dean, Hillshire Farm and Ballpark. Its beverage brands include Senseo, Pickwick and many others.
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