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Kraft turns hostile in $16 billion bid for Cadbury (Reuters)



Kraft Foods Inc chief Irene Rosenfeld refused to sweeten her $16.2 billion offer for candy maker Cadbury Plc and took the bid directly to shareholders on Monday, setting the stage for a takeover battle that could last up to three months. Read Original Post Here

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This entry was posted on Monday, November 9th, 2009 at 3:08 pm and is filed under M & A. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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