Word: deal
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...beverage side, Cadbury was equally handicapped. The company sold its rights to Dr Pepper outside North America to rival Coke and Lion Blackstone in 1999, which made it difficult to compete head to head with international powerhouses like Pepsi--and Coke. "We really can't go back on the deal," says Larry Young, a 30-year Pepsi veteran who was coaxed out of retirement to head the beverage business. "I don't think you'd ever get Coke to sell it back. If I were them, I wouldn...
...that the two companies are separated, Wall Street buzz naturally revolves around their merging with or buying other companies or being sold themselves, especially in the wake of the Mars-Wrigley deal. "We believe [the spin-off] makes Cadbury a more attractive potential acquisition target, especially for Kraft," says Andrew Wood, a Sanford C. Bernstein & Co. analyst...
Stitzer says he's under no pressure to do a deal. When Nestlé acquired Rowntree in 1988, there were similar predictions of industry consolidation that never materialized, he says. "I don't think I'd be a proponent of the domino theory of consolidation." He insists he's committed to achieving revenue and margin growth targets to restore investor confidence and sees Cadbury as more of an acquirer than an acquiree. "We're always looking for the right bolt-on acquisition," he says...
...withdrawal of U.S. soldiers, even as Prime Minister Nouri al-Maliki declared that any pact must grant Iraq full sovereignty and provide for the removal of American combat troops by the end of 2011. Despite Maliki's tougher negotiating stance--designed, observers say, to shore up support for the deal at home--U.S. officials insisted that any timetable would be contingent on the nation's security status. Both sides still expect to reach an agreement...
...definition, a super-sports car combines a powerful engine with superb performance, agile handling and drop-dead looks to such an ultrabuffed level that it turns heads, inspires envy and justifies a stratospheric price. In this case $112,500. And clearly, the R8 seals the deal. Notes Jay Nagley, managing director of car consultancy Spyder Automotive: "Italian styling with German quality and engineering. What's not to like? It's a great brand builder...