Description:Â Billionaire investor William Ackman bought a $950 million stake in Kraft Foods Inc. and urged its Chief Executive Officer Irene Rosenfeld to limit the amount of stock she uses to bid for Cadbury Plc.
Questions for discussion:
- Do you think Ackmanâ€™s decision is a smart move?
- Do you agree that Rosenfeld should limit the use of Kraft stock in its effort to take-over Cadbury?
- Do you think the current offer for Cadbury will be successful? Explain your thinking.