Kraft Foods' takeover bid not sweet enough for Cadbury
Linda Casey, linda.casey@reedbusiness.com -- Packaging Digest, 11/9/2009 2:50:55 PM
Journalists Duane D. Stanford and Andrew Cleary from Bloomberg report that Cadbury Plc, the maker of Dairy Milk chocolate, has rejected Kraft Foods Inc.'s unsolicited takeover offer of approximately $16 billion after Kraft did not sweeten its initial bid.
Read the full text of their article "Cadbury Rejects Kraft's Unsolicited Takeover Offer as Too Low" at www.bloomberg.com
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