St. Louis Business Journal articles from August 2001

St. Louis Business Journal archives from August 2001

O'Brien fights First Banks offer.(Denis O'Brien; Union Financial)(Brief Article)
August 3, 2001... Largest shareholder at Union Financial prefers Reliance Bancshares bid First Banks Inc. is gearing up for a fullscale battle in its proposed acquisition of Union Financial Group Ltd. Denis O'Brien, Union Financial's former president...

American clips wings of civic, charitable groups.(American Airlines Inc.)(Brief Article)
August 3, 2001... For four months, Frank Viverito has waited to hear whether American Airlines would continue to provide the St. Louis Sports Commission with travel miles. He got his answer July 31. "We were just told that our marketing agreement would...

Feeling at home.(Balke Brown Associates starts residential development)(Brief Article)(Statistical Data Included)
August 3, 2001... Balke enters residential field as market for offices softens Balke Brown Associates is getting into residential development, and the site of its first multifamily project could be the Highlands @ Forest Park. Balke Brown President...

Omniplex finds buyer; creditors don't like it.(Omniplex Communications Group)(Brief Article)
August 3, 2001... Omniplex Communications Group, the telecommunications firm that filed for bankruptcy earlier this year, has found a buyer, CCC GlobalCom Corp. of Houston. The debt and cash offer, worth up to $7.75 million, has drawn fire from Omniplex's...

Closing the deal.(acquisition of MiTek)(Brief Article)
August 3, 2001... Investment guru Warren Buffett signed copies of "The Essays of Warren Buffett" and shook hands with every one of the 135 employees at MiTek Inc.'s Chesterfield headquarters July 31, after Buffett's Omaha-based Berkshire Hathaway closed on the...

Capital connections.(Brief Article)
August 3, 2001... Blackwell Sanders Peper Martin expects to boost its lobbying efforts in Congress, now that the law firm has signed Hal Daub as a partner. Daub, 60, is President George W. Bush's nominee for chairman of the Social Security Advisory Board. He's...

Sendouts saluted.(Brief Article)
August 3, 2001... Don Breckenridge's foray into online job recruiting, Sendouts.com, is getting high marks from customers. Its software, Sendouts Pro, ranked No. 1 in overall customer satisfaction in a July 24 survey of 15 similar firms by Electronic Recruiting...

Fly guy.(Washington University has lured Ramesh Agarwal)(Brief Article)
August 3, 2001... Washington University has lured Executive Director Ramesh Agarwal away from the National Institute for Aviation Research in Wichita, Kan. Agarwal was named the William Palm chair of mechanical engineering at Wash. U. Agarwal, an expert on...

Healthcare checkup.
August 3, 2001... Retired Laclede Gas Co. executive Bruce Nethington will lead an effort to cut the bureaucracy and costs involved in winning state approval for major health-care projects. Nethington is chairman of the Missouri Health Facilities Review Committee...

Stocking up.(Truman Bancorp to purchase interest in Truman Bank)(Brief Article)(Statistical Data Included)
August 3, 2001... Richard Miller's Truman Bancorp will spend $500,000 to buy 5,000 shares of a newly created class of preferred stock in Truman Bank. President Ken Krauss said the capital infusion will help the bank keep Pace with its fast growth, including a 17...

Branching out.(Guardian Savings branch offices)(Brief Article)
August 3, 2001... Guardian Savings plans to sell at least two of its five St. Louis branch offices, according to industry sources who say Allegiant Bancorp is the likely buyer for the Ladue and Town & Country sites. Allegiant President and Chief Executive Shaun...

MEMC cuts another 285 jobs, layoffs total 1,000.(MEMC Electronic Materials)(Brief Article)(Statistical Data Included)
August 3, 2001... MEMC Electronic Materials laid off 285 workers locally the week of July 23, bringing the total number of layoffs here to nearly 500; The silicon wafer maker, headed by Klaus von Horde, laid off 800 people worldwide in April and June. With...

Bryan Cave opens Chicago office after getting Lucent assignment.(Lucent Technologies Inc.)(Brief Article)
August 3, 2001... An expanded assignment from Lucent Technologies Inc. prompted Bryan Cave to open a law office in Chicago, the firm's 17th location. Bryan Cave, the, largest law firm based in St. Louis, made the decision after the telecommunications...

Casino Queen changes Momentum, picks Waylon.(Waylon Ad)(Brief Article)
August 3, 2001... After a six-year run with the Momentum advertising firm, The Casino Queen is rolling the dice with a pair of new agencies: Waylon Ad and Advanswers Media/Programming. The change became official Aug. 1, although agencies involved in the...

Corrections.
August 3, 2001... The St. Louis Black Repertory Co. The special production "Scenes, Songs and Monologues: Celebrating 25 Years" on Sept. 6-9 is the kick-off event of the St. Louis Black Repertory Co.'s 2001-2002 season. A fundraising gala prior to the...

Two banks dispute low grades in Weiss Ratings.(Heartland Bank, Southern Commercial Bank)(Southern)(Commercial Bank)(Brief Article)(Statistical Data Included)
August 3, 2001... Heartland, Southern Commercial rated D Top executives at Heartland Bank and Southern Commercial Bank said their banks are in better financial shape than indicated in a recent report from Weiss Ratings Inc. Weiss, a Palm Beach Gardens,...

Medical People.(Executive Changes)(Brief Article)
August 3, 2001... SSM St. Charles Clinic Medical Group recently elected Dr. Donald Binz II as medical group president. Michael Thomas was named acting director of the St. Louis Department of Health and Hospitals. Dr. R. Gilbert Jost, professor of...

Health-care accounts firm building in St. Charles.(Healthcare Reimbursement Specialists, Missouri)(Brief Article)(Statistical Data Included)
August 3, 2001... Founders Shine, Hehr expect firm to double in size in three years Healthcare Reimbursement Specialists, a five-year-old company that focuses on accounts receivable management for home health companies, is spending $1 million to construct...

Medical records.(grants and awards)(Brief Article)(Statistical Data Included)
August 3, 2001... The following grants and awards were given to researchers at Washington University. Peter Burgers, Ph.D., professor of biochemistry and molecularbio-physics, has received a three-year, $254,913 grant from the National Institute of General...

Charter Communications Inc.(includes other information)(Brief Article)
August 3, 2001... Charter Communications Inc. has made an offer to buy some contracts and assets of Littleton, Colo.-based High Speed Access Corp. for $73 million in cash. Charter plans to buy the contracts and assets that serve Charter's customers,...

Cellular phone service.(includes other news)(Brief Article)(Statistical Data Included)
August 3, 2001... Cellular phone service costs in St. Louis dropped more than five percent in June, resulting in an average cost of $36.88. A monthly survey by Los Angeles-based Econ One, a marketing research firm, showed the average cost of cell phone...

Nexstar Financial Corp.(Brief Article)(Statistical Data Included)
August 3, 2001... A.G. Edwards is offering home mortgage services through an alliance with St. Louis-based Nexstar Financial Corp., a residential mortgage firm. Financial terms of the alliance were not disclosed. The companies had previously announced the...

With road work done, Corporate Hill put up for sale.(RREEF office park)(Brief Article)(Statistical Data Included)
August 3, 2001... After spending $2 million renovating the Corporate Hill campus at Manchester Road and Interstate 270, RREEF has put the office park up for sale. In 1996, RREEF paid $48 million for Corporate Hill and an office building at 11720 Borman...

Rick and Roger Oertli take over management of Guarantee Electric Co.(Brief Article)
August 3, 2001... A new generation is taking over at Guarantee Electrical Co., one of the nation's largest electrical contracting firms. Chairman and former chief executive officer Chuck Oertli, 71, announced July 19 that his nephew Rick Oertli, 41, and his...

PEOPLE.(promotions and hirings)(Brief Article)
August 3, 2001... Architecture/engineering Jose Sastre has joined TR, i. Architekts as a project architect. Horner & Shifrin Inc. has promoted Deborah Bohoto environmental engineer and T. Heath Hildebrandt to transportation/civil engineer. Rob...

more than a day's work.(Brief Article)(Interview)
August 3, 2001... Business activity: Dayakar "Day" Veerlapati likes to use an analogy to talk about his computer software company. When the United States was founded, the settlers landed on the East Coast of the country, but gradually migrated westward to...

Finalists announced for Family Business of the Year.(Brief Article)
August 3, 2001... A range of companies stretching from trucking and construction to formal wear and books are among the finalists for the Eighth Annual Mississippi Valley Family Business of the Year awards. Conducted by Southern Illinois...

Finalists in Illinois are.(family business awards)(Brief Article)
August 3, 2001... Large companies: Beelman Truck Co. of St. Libory, owned by Frank and Sam Beelman. Founded in 1906, the hauling company is being run by the third generation with five members of the family currently involved in the business. DuMoulin Bros....

Missouri finalists are.(family business awards)(Brief Article)
August 3, 2001... Large companies: McMahon Ford in St. Louis was started in 1934 by William and Marylou Schicker. Truly a family business, 11 members of the Schicker family are active in the auto dealership. Mitch Murch Maintenance Management Co. goes by...

DESIGNS ON HOLLYWOOD.(stars are sporting Skif handmade apparel designs)(Brief Article)(Interview)
August 3, 2001... Gwyneth Paltrow and Denzel Washington have been spotted wearing Nina Ganci's fashions Nina Ganci designs handmade apparel in a loft on Washington Avenue, but her designs often make the scene in Hollywood. In fact, two years ago Ganci...

WWW.CLICKZ.COM.(answers to any questions in the online advertising field)(Brief Article)
August 3, 2001... With the online advertising market still trying to find its identity, online advertisers and publishers are often at a loss when it comes to buying and selling advertising on the Internet. Not to worry. The Clickz Network provides the answers...

WWW.GURU.COM.(independent contractors searching skilled individuals)(Brief Article)
August 3, 2001... Are you an independent contractor looking for that next big project? Or maybe you're looking for someone with a specialized skill set to help you complete the next phase of your own project. Guru.com is a site that attempts to bring both sides...

LARGEST TITLE INSURANCE COMPANIES.
August 3, 2001... LARGEST TITLE INSURANCE COMPANIES (RANKED BY 2000 MISSOURI MARKET SHARE) Company (rank last year) address phone/fax Web site 1 First...

LARGEST GRAPHIC DESIGN COMPANIES.
August 3, 2001... LARGEST GRAPHIC DESIGN COMPANIES (RANKED BY NUMBER OF FULL-TIME GRAPHIC DESIGN STAFF) Company (rank last year) address phone/fax, Web site 1 Falk Harrison Creative ...

No need to become disagreeable when you disagree.
August 3, 2001... Some of our readers have taken issue with us on a few of the points we have made. This is perfectly all right. In fact, we encourage differences of opinion. Some people have said we were absolutely "stupid," saying they didn't know...

Up-and-coming attorneys busy with explosion in Corporate bankruptcy work.(economic downturn leads to more work for bankruptcy attorneys)(Brief Article)
August 3, 2001... The go-go decade of the 1990s sent bankruptcy lawyers into hibernation. The economic downturn that started last year -- one that has sent companies such as TWA, Bridge Information Systems and Wehrenberg Theatres into Chapter 11--has been...

Bankruptcy Boom.(various workers in the bankruptcy industry)
August 3, 2001... Wendi Alper-Pressman, 40 Gallop, Johnson & Neuman Alper-Pressman, who graduated from law school in 1985, was urged to consider a practice in bankruptcy law by a relative -- Paul Lerman, the president of ATEC Inc., a liquidation firm in...

Use performance reviews/productivity to determine layoffs.(Brief Article)(Column)
August 3, 2001... Basing staff cuts on performance reviews keeps process fair By following a few suggestions, companies facing layoffs can avoid costly legal battles when making staff cuts. The first step is making sure the layoff is justified. "The...

Uphill battle.(Children's Legal Alliance )(Brief Article)
August 3, 2001... Children's Legal Alliance keeps defending needy kids, but they're slightly outnumbered Handmade cards and children's photos adorn the walls and desktops at the Children's Legal Alliance, a program of Legal Services of Eastern Missouri. ...

Accounting talent pool growing in slow economy.(Brief Article)
August 3, 2001... More mature graduates, willing dot-com and high-tech business startup refugees and employees choosing to stay in St. Louis have changed the landscape of hiring for local accounting firms. "What I've been able to see with the economy slowing...

Change in role results in legal secretary shortage.(Brief Article)
August 3, 2001... In the past three years, the legal community has experienced a substantial shortage of an asset essential to its day-to-day operations: qualified legal secretaries. To take a closer look at this dilemma, the Gateway Chapter of the...

Merging relationships.(law firm mergers)(Brief Article)
August 3, 2001... Mergers moving law firm 'profession' toward 'business' Law firms merge for a multitude of reasons, including economic factors, client service, personalities, and the tangible and intangible assets of the firms involved. And they can be...

Law firms benefit from Optitek's document imaging.(Brief Article)
August 3, 2001... Electronic document management firm Optitek Inc. expects to reach $5 million in sales this year by helping law firms and other businesses keep track of their records. That sales estimate follows a 500 percent increase in revenue last year...

Thompson Coburn adds 5 to D.C. transport law unit.(Brief Article)
August 3, 2001... The Washington, D. C. office of law firm Thompson Coburn LLC recently added five new partners to its transportation law practice. The new partners are G. Kent Wood man; Anthony Anderson; former U. S. Rep. R. Lawrence Coughlin; Edward Gill...

William Tao, Sonacom to provide courtroom technology.(William Tao & Associates Inc., Sonacom IT Partners)(Brief Article)
August 3, 2001... William Tao & Associates Inc. and Sonacom IT Partners have been selected as one of eight teams to provide technology design in U.S. Courthouse buildings across the country. The courtroom technology teams were selected as part of the $8...

Stock Transaction.(insider trading)(Brief Article)(Statistical Data Included)
August 3, 2001... The following purchases or sales of stock in St. Louis-based companies or in companies with St. Louis-based subsidiaries or divisions have been reported to the U.S. Securities and Exchange Commission by officers, directors and owners of more...

On board.(SSM Cardinal Glennon Children's Hospital)(Brief Article)(Statistical Data Included)
August 3, 2001... Douglas Ries Money and management at nonprofit organizations SSM Cardinal Glennon Children's Hospital SSM Cardinal Glennon Children's Hospital, a member of SSM Health Care, is a tertiary pediatric medical center providing inpatient...

For what it's worth.(recent commercial real estate transactions in the St. Louis area)(Brief Article)
August 3, 2001... Highlighting some of the most recent commercial real estate transactions in the St. Louis area. LOCATION: 221-23 N. Virginia, Eureka (apartments) DATE SOLD: April 15, 2001 NEW OWNER: MIG Properties AGENT: Ted Federer, Federer...

Proxy Corner.(Financial review of Solutia Inc.)(Brief Article)
August 3, 2001... Money and management at companies with publicly traded stock SOLUTIA INC. John C. Hunter III Chief executive, president and chairman Solutia Inc. and its subsidiaries produce and market a range of high performance...

St. Louis Stocks.(Brief Article)
August 3, 2001... St. Louis Stocks Close Close Company Symbol Exchange 7/25/01 8/1/01 A.G. Edwards AGE N $42.64 $44.10 Allegiant Bancorp ...

Solutia.(Brief Article)
August 3, 2001... July 30, $13.55 Credit Suisse First Boston Buy. Credit Suisse cut its earnings per share outlook on Solutia, but its analyst, William Young, maintained his "buy" rating and placed a 12-month target price per share of $18 to $20 on the...

Monsanto.(Investment information by Merrill Lynch on Monsanto.)(Brief Article)
August 3, 2001... July 25, $32.04 Merrill Lynch Buy/long term. Monsanto estimates its insect-resistant and Roundup Ready herbicides were used on 80 million acres in the United States during the 2001 growing season, an increase of 11 percent from the...

RightChoice.(Brief Article)
August 3, 2001... July 25, $49.50 Stifel Nicolaus & Co. Accumulate. Estimates on RightChoice earnings need to be conservative partly because the company has reduced its projections on the total number of people it will have insured after it lost a...

Chris Long leaves AIM to form public relations firm.(Brief Article)
August 3, 2001... Chris Long, president of Associated Industries of Missouri (AIM) from 1996-2001 and the association's chief lobbyist since 1994, has left AIM to form his own government affairs, public relations and association management firm. Jim...

New Horizons Center Inc. changes name to LADDRS.(a nonprofit organization serving individuals with developmental disabilities)(Brief Article)
August 3, 2001... New Horizons Center Inc., a nonprofit organization serving individuals with developmental disabilities and their families, has changed its name to LADDRS. LADDRS stands for Lifetime Alliance for Developmental Disabilities and Residential...

Lift off.(groundbreaking for the expansion of Lambert-St. Louis International Airport.)(Brief Article)
August 3, 2001... "I'm very proud that here in St. Louis, here in the "show me" state, lip service has been replaced by action -- instead of rhetoric, we're actually getting a runway. In my view, the difference between "tell me" and "show me" is leadership."...

The 'it's not my fault' gene.(Brief Article)
August 3, 2001... There has been a lot of "gene" discovery lately. The "novelty" gene, for excitement and adventure, of course. But recently, there have been some unannounced discoveries of a variety of genes that the government is keeping under "top...

Putting back the pieces.(Microsoft monopoly government lawsuit.)(Brief Article)
August 3, 2001... Microsoft ruling is Victory for consumers On June 28, 2001, the U. S. Circuit Court of Appeals overturned the ill-conceived breakup order issued against Microsoft by District Judge Thomas Penfield Jackson last June. This decision is a...

Letter to the Editor.
August 3, 2001... Dear Editor This letter is in response to your editorial in the St. Louis Business Journal during the week of July 20-27. I understand that For some people it is difficult to understand why nurses would want to organize and negotiate a...

Toan, Perry lead insider stock selloff.(Barrett Toan of Express Scripts)(James Perry of Argosy Gaming)
August 10, 2001... Five top executives of St. Louis-based companies collected checks for $1 million or more when they sold stock in their firms in June and July, according to information from firms that track Securities and Exchange filings. The biggest...

5 have designs on bridge.(a new bridge across the Mississippi River)(Brief Article)
August 10, 2001... HNTB, Sverdrup, Oates, Modjeski & Masters, Parsons Brinckerhoff receive 62% of work Five St. Louis area consultants will collect about 62 percent of the $65 million committed to design a new bridge across the Mississippi River. The...

Investment firms dangle bonuses to lure brokers.(Brief Article)
August 10, 2001... Jim Hoffmann has cash in hand for brokers who will help speed Quick & Reilly's shift from a discount stock brokerage to a full-service investment firm. Hoffmann, manager of Quick & Reilly's newly opened Investor Center in Clayton, said the...

Brown, Solutia rush into .biz.(Brown Shoe Company)(protection of trademarks)(Brief Article)
August 10, 2001... Not everyone Convinced new Web names are way to go Brown Shoe Co. has registered about 80 of its trademarks under the new dot-biz domain. The move is part of the Clayton company's efforts to protect its brand names from cyber-squatters...

Hitting the books.(John. M. Olin School of Business at Washington University)(Brief Article)
August 10, 2001... Stuart Green-baum, dean of the John. M. Olin School of Business at Washington University, has snagged some high profile talent. Jerry Loeb, retired chairman of May Department Stores Co., is an adjunct professor at Olin. Jack Purnell, retired...

Trusted hand.(Brief Article)
August 10, 2001... Roger Krasnicki a 35-year veteran of the local trust industry, has opened Fiduciary Services, aimed at helping attorneys and their clients resolve disputes with the companies that hold their assets in trust and administer their investments....

New quarters.
August 10, 2001... Phillip Schaengold, chief executive of Tenet Healthcare Saint Louis, and 20 others in Tenet's local office are planning a September move from Clayton. to the former Bethesda Hospital. Tenet bought the building in October and is leasing part of...

Canine company.(Smelly Dog Spa and Bakery)(Brief Article)
August 10, 2001... Andrea Tabaka and Paula Morganthaler quit their management jobs at the Airport Hilton and invested $40,000 to launch their Smelly Dog Spa and Bakery, a dog grooming service that also offers treats from Three Dog Bakery in Ladue. Smelly Dog is...

Stealth care.
August 10, 2001... When viewers watched TV's Dr. Mark Green undergo brain surgery on "E.R." earlier this year, they were seeing an invention by Saint Louis University School of Medicine's Dr. Richard Bucholz. Bucholz created the StealthStation, used to direct...

Copy king.
August 10, 2001... Creativworks, Keith Alper's advertising and marketing agency, has added Joseph Hardin Jr. to its advisory board. Hardin retired as president and chief executive of Ventura Calif.-based Kinko's in January.

Legal maneuvers.(Brief Article)
August 10, 2001... Belinda May, the former general counsel of the defunct Partner Communications & Services, is returning to Suelthaus & Walsh, as of Sept. 1. May has been wrapping up Partners' business affairs since the Internet company ceased operations. Also...

High-tech degrees.(Brief Article)
August 10, 2001... It didn't take the University of Missouri-St. Louis long to fill the first class of its new Ph.D. offering, a program specializing in information systems. Six students are to begin this fall. Under the direction of Thomas Eyssell, director of...

More than 150 TWA jobs moving to Fort Worth.(Brief Article)
August 10, 2001... Reservation center will remain here, employs 1,000 Former TWA employees will be learning the Texas two-step as hundreds prepare to take jobs at American Airlines. So far, about 150 TWA managers have left St. Louis to take jobs with...

UM-St. Louis, Conrad vie to develop MetroLink site.(Brief Article)
August 10, 2001... Hotel, conference center, parking garage among proposals A team led by the University of Missouri-St. Louis wants to develop 20 acres at the North Hanley MetroLink station near the UM-St. Louis campus with a parking garage for at least...

Corrections.(McMahon Ford)(Brief Article)(Correction Notice)
August 10, 2001... The McMahon family founded McMahon Ford in 1934. William Schicker bought the dealership in 1970 and owns it today. Incorrect information concerning the founder was published in the Aug. 3 issue. St. Louis Public Library Glen Holt is...

Savvis gets a $2.5 million injection from Reuters.(Brief Article)
August 10, 2001... Reuters has pumped another $2.5 million into financially troubled Savvis Communications Corp. On Aug. 1, Savvis and Reuters closed on a deal in which Reuters purchased $2.5. million in notes, according to documents filed with the...

Tim Roberts might open Cenetec office in Tampa.(Brief Article)
August 10, 2001... Broadband Investment Group founder Tim Roberts has been talking with Cenetec LLC about the possibility of opening an office for the company in Tampa. Cenetec operates offices in Boca Raton and Gainesville, Fla., and is considering further...

St. Louis one of 20 sites for Cap Gemini tech centers.(Cap Gemini Ernst & Young )(Brief Article)
August 10, 2001... St. Louis is one of 20 cities worldwide selected by Cap Gemini Ernst & Young for one of its Advanced Development Centers, where the consulting firm will conduct technology projects with its clients. The 100-plus-seat development center will...

Men's Group Against Cancer gives $200,000 to cancer charities.(Brief Article)
August 10, 2001... The St. Louis Men's Group Against Cancer recently donated $200,000 to 14 local cancer charities. The group raised the money through corporate sponsorships, raffles and through its 31st annual dinner. All net proceeds are directed toward...

Arcturis hires Zimmerman to head planning, landscape unit.(Floyd Zimmerman)(Brief Article)
August 10, 2001... Arcturis has added planning and landscape architecture to its areas of expertise. The new service group will be headed by Floyd Zimmerman, a fellow of the American Society of Landscape Architects. Arcturis recognized the potential for...

TRiSTAR sells 177 acres at Park 370 for $20 million.(Brief Article)
August 10, 2001... Mills Corp. paid TRiSTAR Business Communities $20 million for 177 acres at Park 370 in Hazelwood. Mills Corp., based in Arlington, Va., has proposed a 1.2 million-square-foot shopping center for the site. Annual sales at the shopping...

Envision, Quatrix combine as $18 million company.(Brief Article)
August 10, 2001... Envision Inc. and QuatrixLLC -- two companies that are part of Lowy Enterprises Inc. -- are merging. Lowy Enterprises is one of the area's fastest-growing private companies. It had revenue of $17.6 million last year, up 80.7 percent from...

SAS Institute helps customers sift through mountains of data.(Brief Article)
August 10, 2001... SAS Institute, the world's largest privately held software company, is preparing to celebrate the fact that it's also one of the oldest. The business intelligence company is marking its 25th anniversary. "Twenty-five years in the software...

Saint Louis Symphony.(Brief Article)
August 10, 2001... Don Roth, former president and executive director of the Saint Louis Symphony, has been named president and chief executive of the Aspen Music Festival and School in Aspen, Colo., effective Nov. 12. The Aspen Music Festival and School is a...

Earthgrains Co.(Brief Article)(Statistical Data Included)
August 10, 2001... Sara Lee Corp. has acquired 93 percent, or 40.2 million shares, of the outstanding Earthgrains Co. stock, and has extended its tender offer for the company. Sara Lee now has until Aug. 13 to acquire additional outstanding shares of...