Kraft near Cadbury takeover understanding
January 19, 2010: 3:41 AM ETLONDON, England (CNN) -- The play of Kraft and Cadbury pronounced Tuesday that they are close to finalizing a understanding that would see a American food hulk take over out a 200-year-old British confectionery maker.
The joint matter from a play betrothed a further announcement soon.
The understanding follows months of conjecture about a destiny of Cadbury, that had formerly rejected two antagonistic takeover bids by Kraft (KFT, Fortune 500) because it pronounced they did not worth a company tall enough.
Two companies say an announcement is to be made shortly. More
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