Kraft Foods' takeover bid not sweet enough for Cadbury

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