Word: seconded
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Dates: during 2000-2009
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...these stomach-churning times, there's comfort to be had in chocolate. Just ask Kraft. The world's second-largest foodmaker revealed on Monday, Sept. 7, that it had launched a $16.7 billion bid for British confectioner Cadbury, a bold effort to create "a global powerhouse in snacks" worth $50 billion a year in revenues. Cadbury rejected the offer, but Kraft, maker of Oreo cookies and Kool-Aid, showed its sweet tooth. The firm is "committed to working toward a transaction," it said in a statement, "and to maintaining a constructive dialogue...
...approach "fundamentally undervalues the group and its prospects." As a multiple of Cadbury's sales, for instance, Kraft's offer amounts to roughly half that tabled by Mars in its acquisition of Wrigley, says Jeremy Batstone-Carr, an analyst at brokers Charles Stanley in London. Expectation of a second bid from Kraft, a fresh one from Switzerland's Nestlé or U.S. confectioner Hershey, or even a combined approach from Kraft and one of its rivals pushed Cadbury shares 40% higher Monday. (Read about the world's best chocolate...
...already on target to reach the income limitation for auto-entrepreneurs by September," says Isabelle Prigent-Chesnel, a 36-year-old communications consultant who in May decided to found a freelance business through the scheme rather than return to her salaried job after the birth of her second child. "That means I've got a decision to make about where to take this. I'm finally doing only the work I enjoy, but would have never launched into on my own before...
...turning up at Merkel's 50th birthday with his partner. He is not drawn to identity politics, he later told an interviewer, citing a cartoon strip that depicts a gay couple in a café as best capturing his attitude. "First of all, we're gay, and secondly we want two ice cream sundaes," the pair tells the waitress. "The first doesn't interest me," the waitress replies. "As for the second - with or without cream?" (Read: "Merkel Scores Big Win in Regional Election...
...unable to leave the slums because of police crackdowns and threats from rival gangs, gang culture continues to spread. It has moved well beyond its original bases in the impoverished suburbs of the capital like Apopa and Soyapango. It has now taken root in San Miguel, the country's second-largest city, and the port of La Union, which they now utilize for trafficking drugs abroad. Nowadays, gangs threaten businesses large and small, demanding kickbacks for not shutting them down. They are even said to force the country's public transportation system to pay millions of dollars annually in protection...