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...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 all, short-term investors have poured into Cadbury shares in recent weeks. Rather than see Kraft walk away, many will be hoping to cut a deal. (See the top 10 food trends...
Harvard had clinched a share of the Ivy League title the prior weekend with its victory over Dartmouth, but it came to Columbia hungry for an outright title after sharing last season’s championship with Princeton...
...recall is a nightmare for Maclaren. Prior to Monday, its strollers had a reputation for dependability. Now they're the ones that could cut kids' fingers off. The search terms "Maclaren fingertip amputation" pulled up more than 5,000 results on Google. The parent blogs are buzzing. One, Daddy Types, has dubbed the affair Macopalypse 2009. Another, called Mother Load, wrote the post "MacLaren recall: is there nothing safe?" The author wrote, "Fingertip amputation? And they had to get to TWELVE cases before they issued a recall?" (See iPhone apps for new moms...
...Nicholson's case came about because of a peculiarity of British law. Prior to 2003, Britain had no statute that protected employees from religious discrimination. The Religion and Belief Regulations were meant to remedy this. But because the law offered only a vague definition of "religious or philosophical beliefs," it has fallen to judges to interpret it and define which beliefs deserve protection. In the most important ruling so far, Burton's generous interpretation of the law will have far-ranging and complicated ramifications, employment experts say. (See pictures of colorful religious festivals...
While Toronto festival co-director Cameron Bailey is optimistic that by year's end money spent to acquire 2009 TIFF films will be comparable to that of prior years, others say he's dreaming. "Usually there would be one film that came close to a double-digit million-dollar sale, if not hitting that," says Ted Hope, a 20-year veteran indie-film producer whose credits include 21 Grams and The Ice Storm. "Then you would have four or five films in that $4-to-$6 million range and four to seven films in that $1-to-$3 million range...