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Posted on January 19, 2010 | tags

 
 

U.S.: Cadbury seems rather optimistic about the Kraft Foods buyout

  • We believe the offer represents good value for Cadbury shareholders and are pleased with the commitment that Kraft Foods has made to our heritage, values and people throughout the world.
  • Cadbury Chairman Roger Carr • On the $19.5 billion buyout offer that Kraft showed the company today. For months, Cadbury rejected Kraft’s advances. No longer. While Cadbury is open to other offers – get your #(&^ together, Hershey – they seem quite happy with the offer that the world’s second-largest food company has put forth. If they combined, they would become the largest. source
 
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