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Hopefully an Indian company will buy it if nothing works out for Kraft

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RB TexLa Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-04-09 05:23 PM
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Hopefully an Indian company will buy it if nothing works out for Kraft


A member of the Cadbury family has described Kraft's takeover bid for the confectionery group as a "horror story."


In comments to the Sunday Telegraph, Felicity Loudon, whose grandfather Egbert Cadbury was managing director of Cadbury Brothers, said she believed it was worth fighting to keep Cadbury out of the hands of North America's biggest food group.

"As a Cadbury I obviously feel particularly saddened by the possibility of one of the last remaining British icons disappearing into an American plastic cheese company."

Kraft, whose brands include Milka chocolate and Oreo biscuits, has until Nov 9 to make a formal offer for Cadbury.

The British group rejected Kraft's cash and shares approach, initially worth 10.2 billion pounds, at the start of September.



http://uk.news.yahoo.com/22/20091004/tts-uk-cadbury-kraft-loudon-ca02f96.html
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xxqqqzme Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-04-09 06:16 PM
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1. And another chocolate icon bites the dust.
My chocolate choices are diminishing.
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HillbillyBob Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Oct-04-09 06:17 PM
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2. As it stands now I do not eat much chocolate.
I told Hersheys they could stick it, count me out as a customer when they moved jobs overseas.
Kraft ook I don't eat plastic food made from corn syrup and hydrolized/hydrogenated (both words appear on some food labels) anything.

I do buy Cadbury chocolates around the holidays. If krap foods does take over I will not be buying them at all.
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