Summary
THE battle for Cadbury will step up a gear this week as US consumer giant Kraft Foods seeks to extend the initial deadline for shareholders of the British confectionery company to accept its bid.
Because Kraft's offer ended last week worth 50p a share below Cadbury's 798p share price, virtually no shareholders are expected to have accepted the Americans' hostile bid by the Tuesday deadline.See the full content of this document
Extract
Kraft Wants More Time
Kraft, headed by Irene Rosenfeld, will ask ...
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