On Friday Kraft Foods took its $16.3 billion hostile takeover bid of Cadbury to the latter's shareholders, according to The Street. Cadbury is now set to give its formal response to the takeover bid on Monday, December 14. The 195-year-old British candy-maker is unlikely to go down without a fight. Making this Marketplace Whiteboard video, in which Paddy Hirsch explains what happens when takeover bids turn "hostile," timely:
Hostile takeovers from Marketplace on Vimeo.
Posted
12-07-2009 1:09 PM
by
Graham Griffith