The D.E Master Blenders Investor Day, happening on March 13 and 14. Also there I think that's been completed, the strategy given and the guidance given. The SEC review, we filed the F1 on the 1st of March. I can say that all the SEC reviews and the process is going completely according to our plans, and we feel very comfortable. The debt rates for the Master Blenders, also that one is going according to plan. And we'll hope to announce something in the next couple of weeks in terms of the results of the debt rates.So what are the critical days from now until -- as I -- as you've seen in the press release, June 30, which will be the day of the spin, so that as of July 1, both of the companies will be up and running. An important thing still to be done is the announcement of the boards. That will happen in the next couple of weeks. We will announce who will be in the boards of the Sara Lee current board members, as well as we will announce some new board members who will join both of the companies.
Sara Lee's CEO Discusses Q3 2012 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.