Cadbury urges investors to reject ‘derisory’ bid
Posted: December 15, 2009 at 4:17 a.m.
Britain’s Cadbury PLC kicked off a robust defense against Kraft Foods Inc.’s $16.3 billion hostile takeover offer on Monday, urging shareholders not to let the U.S. maker of cheese slices, cookies and macaroni dinners “steal your company with its derisory offer.”
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Business, Pages 24 on 12/15/2009
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