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Those with a sweet tooth have long found it hard to resist a second bite of Cadbury chocolate. Kraft, it seems, is no different. The world's second biggest foodmaker unleashed a hostile bid for the British confectioner on Monday, offering $16.3 billion in cash and shares under the same terms as a friendly approach that was rejected by Cadbury in September. Absent any sweetener, Cadbury's board "emphatically rejected this derisory offer," chairman Roger Carr fired back in a statement. The bid, he said, "does not come remotely close to reflecting the true value of our company." (See nine...
...Baskind, the Crimson soccer team has found a player with the ability to keep the team grounded in crucial situations...
...Council of Graduate Schools survey, released today, found that while the number of Americans applying to domestic graduate programs increased six percent—the largest increase since an 11 percent uptick in 2002—the number of international students from certain countries has dropped as much at 16 percent...
...Crimson’s women’s team claimed its first team victory of the year, winning the Michael Horn Trophy Team Race. A Harvard co-ed contingent did not fare quite as well but still found success at the Hap Moore Team Race, finishing sixth against stingy competition...
...Crimson got the first shot in overtime, but Kimmel’s attempt at the 73:16 mark sailed wide of the goal. After several minutes of fighting for possession, Columbia was awarded a penalty corner, and a pair of passes from the top found its way to the Lions’ Julia Garrison. Garrison made up for her earlier miscues and shot it past Tassopoulos at the 75:02 mark to secure the Lions victory...