Word: deale
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...resistance, as it's now finding, is hard to maintain. Ending months of hostility, the firm announced on Tuesday, Jan. 19, it had approved a revised takeover bid from U.S. food giant Kraft. Linking Cadbury's Dairy Milk chocolate to Kraft's Philadelphia cream cheese in a $19.5 billion deal, Cadbury chairman Roger Carr said cheerfully in a statement, amounted to "good value for Cadbury shareholders...
...This comes just months after Carr dismissed an initial $16.3 billion approach from Kraft as "derisory." But when Kraft sweetened the terms of a deal - by raising the amount of cash it was offering alongside its own shares - it proved too difficult for Cadbury to resist. At $13.91 per Cadbury share, a 7% premium over Friday's closing price, the new deal is expected to win shareholders' backing before the deadline for approval expires in two weeks. Buoyed by that prospect, shares in Cadbury rose more than 3% in trading on Monday, to $13.70. (See pictures of what the world...
...Absent any explicit assurances on job security, Kraft chief executive Irene Rosenfeld pledged "great respect for Cadbury's brands, heritage and people" in a statement announcing the deal. Keeping those things in mind may be more important than in most takeovers. Founded 186 years ago when John Cadbury, a Quaker, began selling tea, coffee and hot chocolate out of a store in central England, his eponymous firm enjoys an enduring popularity that distinguishes it from, say, Britain's steel manufacturers or electricity companies. Earlier this month, not far from the site of that original store in Birmingham, fans of Cadbury...
...York Times said the assault was in reaction to the government proposal to "reconcile" with and "reintegrate" Taliban fighters into mainstream society. "We are ready to fight and we have the strength to fight and nobody from the Taliban side is ready to make any kind of deal," another Taliban representative, Zabihullah Mujahid, told the Times. "The world community and the international forces are trying to buy the Taliban and that is why we are showing that we are not for sale." (See pictures of Afghanistan's dangerous Korengal Valley...
...formally charged, Ratzon faces a maximum 16-year prison term for each of the slavery and rape charges. Through his lawyer, Ratzon denied the allegations. After so many years of inaction, the police seem confident they can prove his guilt. "We have managed to gather a great deal of evidence relating to the offenses of holding people under conditions of enslavement and rape," deputy commander Shlomi Michael, head of the Tel Aviv police's Central Unit, told reporters...