Will you miss the British Cadbury?

January 19, 2010

CadburyWhat will become of the Curly Wurly?

After an interminably long stand-off, U.S. food giant Kraft has agreed a deal to buy British confectioner Cadbury for 11.9 billion pounds.

from DealZone:

Cadbury kisses off Hershey

January 7, 2010

Whatever his motives, Warren Buffett’s influence can be seen in Cadbury’s share price, which have dipped below the level of Kraft’s $17 billion bid for the first time. The sagging share price shows, among other things, that the market believes Kraft is more likely to make its 50.1 percent acceptance rate without having to aggressively raise its bid.