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.
Source: Bloomberg.com
Date: 01/16/2010
Link: http://www.bloomberg.com/apps/news?pid=20601103&sid=aSMnsSKPDuMk
Questions for discussion:
- Do you think Ackman’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.
Leave a Reply