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That the companies are set for a drawn-out saga - a likely revised bid could come as late as the end of January - is clear. What value Kraft may be prepared to place on Cadbury is less so. The British firm's shareholders are thought to want at least $13.4 a share; many analysts think they should hold out for more. But in the absence of a rival bidder, Kraft's proposal - which still offers a premium of 26% over Cadbury's share price prior to the company's initial approach in September - may start to look more appetizing. After...
Like many students on campus, the Harvard sailing team is realizing just how quickly the end of the semester is approaching with this year’s new calendar system in place. However, just as yesterday’s clear skies and warm weather provided students with a respite before winter weather and finals season, the Crimson competed in its one and only weekend of fall team racing before next weekend’s fleet-style Atlantic Coast Championships...
...Handbook for Students’ is clear about the expectation the faculty has for student behavior and the standards of conduct expected of all Harvard College students,” said Ellison in an e-mailed statement to The Crimson in response to inquiries as to whether students who sleep-out will be granted an exception. “If a student violates those standards the Board is charged by the faculty to investigate and respond appropriately...
...based on the 1967 borders with East Jerusalem as its capital - and that's the minimum the Palestinians are prepared to accept. Abbas, meanwhile, feels betrayed that the Obama Administration has backed down from its own insistence that Israel halt construction in occupied territory. That, say the Palestinians, is clear evidence that Washington won't pressure Israel to do things it's not willing to do, and that it's therefore pointless to go through the motions of yet another series of negotiations with an Israeli government more hawkish than its predecessors. (See pictures of Obama's overseas trips...
...Muslim world in his Cairo speech last April. Accepting Washington's demand would have brought down Netanyahu's government, says Abrams. Nor were the Arabs ready to reach out to Israel. "[The Administration] made it worse by not having a very good learning curve," says Abrams. "It was already clear last spring that Netanyahu was not going to accept the settlement freeze, and in June, when Obama visited Saudi Arabia, it became clear that the Arabs were not going to do any outreach to Israel. It's now November. Why has it taken them so long to figure this...