Kraft Foods chief executive Irene Rosenfeld is playing hardball with her $US16.4 billion hostile offer for Cadbury in the UK, triggering a bid battle that could stretch for up to three months.
Full Article at TVNZ
9:24 A.M. UPDATE — LONDON British candy maker Cadbury PLC has rejected a hostile 9.8 billion pound ($16.4 billion) hostile takeover bid from Kraft Foods Inc.
Full Article at The News-Press
Kraft Foods went hostile in its pursuit of Cadbury today when it launched a formal takeover offer worth £9.8bn that appears unlikely to win over the British company's board.
Full Article at Guardian Unlimited
SAN FRANCISCO (MarketWatch) -- The takeover battle between Kraft Foods Inc. and its reluctant target Cadbury Plc is likely to take a more aggressive turn Monday, with Kraft planning a formal hostile bid -- and Cadbury readying a caustic rebuttal,...
Full Article at MarketWatch
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