Cadbury made its final case for the defense against Kraft Foods' 10.5 billion-pound ($17 billion) takeover bid on Tuesday, but a raised offer was still expected to win over shareholders in the British.
Cadbury investors look for higher Kraft bid
Some of Cadbury's biggest shareholders, led by Legal & General, continued to reject Kraft Foods' 10.5 billion pound bid and will look for an increased offer over the next four days.
Kraft takes offer to Cadbury shareholders
Northfield-based Kraft Foods Inc. says it has taken its $16.3 billion share-and-cash offer for Cadbury PLC to the British company's shareholders.
Chocolate groups Hershey and Ferrero eye Cadbury
New York: US chocolate maker Hershey and Ferrero of Italy said yesterday they were mulling a potential counter-bid for British confectioner Cadbury, the object of a hostile offer from Kraft...
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