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...deal is worth roughly a third less than the average for takeovers in the global food business since 2000, according to investment-research firm Sanford C. Bernstein. Granted, the world is in an economic slump and there's no rival bid on the table, but Kraft's offer would amount to "the lowest multiple in a major food deal over the last decade by 18%," Bernstein analysts wrote in a note to clients on Tuesday. (See more about Cadbury...

Author: /time Magazine | Title: Despite Two Rebuffs, Kraft Is Still Sweet on Cadbury | 11/10/2009 | See Source »

...first thing to notice about Snow’s volume is how thick it is. Though this is technically another “selected” Rilke, it is far more thorough than Mitchell’s or Bly’s. The sheer amount of translation here is both admirable and convenient; it is the most complete recent collection of Rilke’s works in English. This is the culmination of Snow’s several previously-published translations of Rilke’s individual volumes, revised and collected in this larger book...

Author: By Adam L. Palay, CONTRIBUTING WRITER | Title: Revisiting Rilke's Translations | 11/10/2009 | See Source »

...thaw with Seoul. Pyongyang has been infuriated that South Korean President Lee Myung Bak hasn't continued the so-called Sunshine Policy of his two predecessors, which boosted Seoul's economic aid to the North. Seoul was angered in September when North Korea, without forewarning, released a massive amount of water from behind a dam near the demilitarized zone, which ended up killing six South Koreans who were camping downstream on their side of the border. (The North issued a rare statement of regret after the incident.) Lee recently offered as a goodwill gesture to send 10,000 tons...

Author: /time Magazine | Title: Before Obama's Visit, a New Clash Between Koreas | 11/10/2009 | See Source »

...Undergraduate Council announced a major partnership with Harvard Undergraduate Television last night, granting HUTV an unprecedented amount of almost $12,000 that will allow it to support the 12 campus TV shows that it manages...

Author: By Melody Y. Hu, CRIMSON STAFF WRITER | Title: UC Grants HUTV $12K | 11/9/2009 | See Source »

...Student Labor Action Movement has advocated for pay cuts for top administrators and faculty in order to retain staff jobs. Even if cuts to administrators’ salaries do not amount to much, the symbolic gesture is important, said SLAM member Remeike J. B. Forbes...

Author: By ZOE A. Y. WEINBERG, CONTRIBUTING WRITER | Title: Faust's Salary A Surprise | 11/9/2009 | See Source »

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