Global Investing

from DealZone:

Is Cadbury too rich for Hershey?

January 14, 2010

While Cadbury shares saw some life on hopes for a rival bid from Hershey -- boosted by reporting from the FT that a rival offer was further along than much of the market had assumed -- naysaying analysts and pundits have been quick to point out that the financials of a Hershey bid are hard to stomach.

from DealZone:

Is Buffett being Krafty?

January 5, 2010

Warren Buffett may have thrown a monkey wrench into Kraft's bid for Cadbury -- not with his 'no' vote on Kraft's plan to issue 370 million shares to help buy the British chocolate company, but with his scathing comments on Kraft's board for a deal he has long regarded with skepticism. Buffett previously said Kraft's stock was an "expensive currency" for funding the deal, a position he repeated on Tuesday.