Sara Lee was widely expected to put in a formal bid for turkey firm Bernard Matthews as The Grocer went to press. Chairman Bernard Matthews and his family, which owns 42% of the company, offered shareholders 185p a share on Wednesday to take the company private. He is also considering a share alternative to woo undecided investors. Independent directors have backed the family bid but reserve the right to recommend Sara Lee if its offer proves more "attractive" to shareholders. {{NEWS }}