Kraft’s Bid for Cadbury Not Sweet Enough
Sep 10th, 2009 | By Bob Blandeburgo | Category: Featured, Stock Market InvestingKraft Foods Inc.’s (NYSE: KFT) $16.7 billion unsolicited takeover attempt of Cadbury PLC (NYSE ADR: CBY) is the latest sign of consolidation in the highly competitive food industry, and will likely lead to two things: A bidding war for Cadbury and further consolidation in the sector.