Nov 9

Cadbury expected to receive hostile bid

post Category: Investing,US Markets post Comments (0) postNovember 9, 2009

The board of the UK food group is preparing to meet on Monday amid expectations that Kraft will go hostile with its takeover offer. The US group will either formalise its original proposal of 300p in cash and 0.2589 new Kraft Foods shares per Cadbury share, or increase it slightly

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Cadbury expected to receive hostile bid

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