Posts Tagged ‘hostile bid’
Investors Tell the Predator to Raise Its Bid and the Prey to Raise Its Game
Tuesday, November 17, 2009 3:05 No CommentsCadbury’s UK shareholders piled the pressure on the confectionery group to deliver a comprehensive defense against Kraft’s hostile bid as they said that the US predator must pay up to stand a chance of success.
As well as urging Kraft to add at least £1 a share in cash to its bid, institutional investors said that [...]
