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TUESDAY, NOVEMBER 24, 2009
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NEWS ABOUT: Cadbury

Cadbury stories: 3 news summaries

 Kraft Makes 
 Hostile Bid 
 for Cadbury 

Offer values UK company at $16.3B

Nov 9, 09 9:07 AM CST
(Newser) - Kraft launched a hostile bid for UK candy giant Cadbury today. The offer values the company at more than $16 billion and asks Cadbury shareholders to accept a merger that its executives rejected, the Wall Street Journal reports. Kraft, which hopes to boost sales by gaining exposure to new markets,... More »

MORE ABOUT:
hostile takeover • Kraft • Cadbury

 Chocoholics Spurn 
 American Cadbury 

Many see right through US bars, actually made by Hershey

Sep 14, 09 2:07 PM CDT
(Newser) - Serious chocolate fans responded warily to the news of Kraft's bid for Cadbury—especially in the US, where aficionados reject the domestic brand anyway. It’s made by Hershey, not the British firm itself, and that just won’t cut it for hardcore devotees of the British brand, the Wall ... More »

MORE ABOUT:
food • Hershey • Kraft Foods • Kraft • chocolate • Britain • taste • Cadbury

 Cadbury Shoots Down 
 $16.7B Kraft Takeover Bid  

Watchers suspect undervalued bid could be sweetened

Sep 7, 09 11:44 AM CDT
(Newser) - Cadbury today rejected a $16.73 billion takeover bid from food giant Kraft, the Wall Street Journal reports. The candy maker has recently undergone restructuring and divestment that it says make it more valuable—and more attractive to suitors like Kraft. The Cadbury board says the offer “fundamentally... More »

MORE ABOUT:
mergers and acquisitions • Kraft Foods • takeover bid • food industry • conglomerate • candy company • Cadbury

3 Stories


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