Spinoff will be the size of a hurricane.

PositionSara Lee Corp. spins off it apparel division - Brief Article

Winston-Salem is getting its third Fortune 500 company headquarters. Sara Lee plans to spin off its U.S. apparel division into a public company based in the Twin City as part of a restructuring to focus on food. The Chicago-based conglomerate employs about 5,500 in the Triad and about 8,500 statewide. The new company, which has not been...

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