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Hershey could jump-start its growth by making a run for Cadbury, although it would probably be costly. Kraft's current bid, although a 31% premium over Cadbury's closing price on Sept. 4th, the last trading day before the bid was announced, values Cadbury at about 11 times 2009 EBITDA, estimates Growe. This is far below the 19 multiple that Mars paid when it snapped up Wrigley in a $23 billion deal last year. And Cadbury's growth potential, as outlined by the company's CEO Todd Stitzer last year, is bigger than Wrigley's was at the time...
...seconds, and a retired Yale employee almost shot up the HR office. Add to that the fact that Harvard and Yale have posted 30 percent endowment losses, and we're left to conclude that the Ivy League might be going mad. More after the jump...
...Crimson quoted instructor David J. Malan '99 praising Google's "dragon drop programming piece" -- a fanciful typo that should have read, "drag and drop." Needless to say, Malan got a kick out of the typo and breathed a bit of fire back at The Crimson. After the jump, see video clip of his admittedly witty put-down from the close of lecture the day the article appeared in the paper...
...decided not to stand idly by while our noses were assaulted. No, we decided to investigate. Find out why the Yard smells so bad after the jump...
...despite its familiar premises and rather laughable label, experts say drunkorexia’s growing prevalence—likely caused by emotional stress and societal pressure—needs to be taken seriously. Learn more after the jump...