Kraft Foods to Purchase British Cadbury

News Editor

Today news broke that Kraft Foods will buy British candy maker Cadbury for about $19.6 billion. Kraft Chief Executive Officer Irene Rosenfeld injected more cash into her bid and dropped the number of new shares in the offer to win over Cadbury Chairman Roger Carr and mollify billionaire investor Warren Buffett, the U.S. food company’s top shareholder. The deal would …

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