Word: shared
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...latest turn in Kraft's effort to forge the world's biggest confectionary business, the low-ball offer - worth $12 per Cadbury share, or 4% less than its earlier proposal thanks to an interim fall in Kraft's shares - was never likely to be welcomed. As a multiple of Cadbury's profit before deductions for tax and other charges, the deal is worth roughly a third less than the average for takeovers in the global food business since 2000, according to investment-research firm Sanford C. Bernstein. Granted, the world is in an economic slump and there's no rival...
...companies are set for a drawn-out saga - a likely revised bid could come as late as the end of January - is clear. What value Kraft may be prepared to place on Cadbury is 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...
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...
Every Tuesday at 7 p.m., Brother Blue hosted an open mic event at Out of the Blue Gallery in Central Square, where he invited guest storytellers to share...
What reform could dramatically remake America and become law by Christmas? Not health care. While a health care bill crawls through the Senate, bills of equal significance are speeding through the Banking and Finance committees of both chambers of Congress and will share the spotlight this week on Capitol Hill. And because of the odd politics of finance, and an aggressive behind-the-scenes push by the Obama Administration, real financial reforms have a better chance of becoming law by the end of the year than an overhaul of health care...