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Description:  Kraft Foods (KFT.N) is preparing to sweeten its hostile 10 billion pound ($15.9 billion) takeover bid for British confectionery maker Cadbury (CBRY.L), reported the Sunday Times.

Source: Reuters.com

Date: 01/03/2010

Link: http://www.reuters.com/article/idUSLDE60207X20100103

Questions for discussion:

  • Do you believe the bid is overpriced? Explain your thinking.
  • How would you assess the bidding process thus far and how high do you think the price can go for Cadbury? Explain your answer.

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