Sausage Fest. Brazil Poised to Eat Jimmy Dean?
The company that makes American delicacies like Ball Park brand hotdogs and Jimmy Dean breakfast sausages is one step closer to being Brazilian-owned. Brazilian meatpacking giant JBS has reportedly lined up financing to close its on-again, off-again bid to buy Sara Lee, the American purveyor of frozen pies, coffee and processed meats. JBS is already the biggest protein producer on earth – bigger than America’s better-known Tyson Foods – and it sells mostly in China. If this deal goes through, JBS will also have a stake in the heart-stopping industrial meats America loves at breakfast, at the ballgame, and nested in fried corn batter on a stick.
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