Cadbury to Respond to Kraft Offer on December 14
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下一篇 2009-12-06 14:16:35
LONDON (Reuters) - British confectioner Cadbury
said on Monday it would post a formal response to Kraft's$16 billion takeoverMetal halide bulboffer on December 14."Under U.S. securities law, Cadbury is # prohibited from publishing any further information, or making any further statement, until itMetal halide bulbhas issued its formal response," the company said in a statement.Cadbury said its response would also include the company's regular pre-close trading update.Kraft last week made its formal offer for the chocolate maker, triggering a two-month takeover fight and a frosty response from Britain.Cadbury consistently rejected Kraft's preliminary # approaches, forcing the U.S. food giant to turn hostile in November and go directlyMetal halide bulbto Cadbury shareholders with its plan for creating the world's largest confectionery group.
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