Commentaries

from Rolfe Winkler:

Buffett: Shareholder activist

January 5, 2010

Shareholder activism is a tactic typical of Carl Icahn, not the Oracle of Omaha. Yet Warren Buffett has issued a press release asking other Kraft shareholders to reject Kraft's proposal to use up to 370 million shares of stock to buy Cadbury.

Takeover Panel sets Cadbury clock ticking for Kraft

September 30, 2009

KRAFT-CADBURY/So Cadbury has succeeded in convincing the UK’s Takeover Panel — the City of London body which polices M&A — to slap a “put up or shut up” order on Kraft.

Kraft will need to sweeten Cadbury offer

September 7, 2009

CADBURY/Kraft’s cash and stock offer for Cadbury may not have passed muster with the target’s board. But while this is not yet game over, it now looks likely that someone will make a snack of the British confectionery group.