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...maintain. Ending months of hostility, the firm announced on Tuesday, Jan. 19, it had approved a revised takeover bid from U.S. food giant Kraft. Linking Cadbury's Dairy Milk chocolate to Kraft's Philadelphia cream cheese in a $19.5 billion deal, Cadbury chairman Roger Carr said cheerfully in a statement, amounted to "good value for Cadbury shareholders...

Author: /time Magazine | Title: Bittersweet Deal? Cadbury Accepts Kraft Takeover | 1/19/2010 | See Source »

...Absent any explicit assurances on job security, Kraft chief executive Irene Rosenfeld pledged "great respect for Cadbury's brands, heritage and people" in a statement announcing the deal. Keeping those things in mind may be more important than in most takeovers. Founded 186 years ago when John Cadbury, a Quaker, began selling tea, coffee and hot chocolate out of a store in central England, his eponymous firm enjoys an enduring popularity that distinguishes it from, say, Britain's steel manufacturers or electricity companies. Earlier this month, not far from the site of that original store in Birmingham, fans of Cadbury...

Author: /time Magazine | Title: Bittersweet Deal? Cadbury Accepts Kraft Takeover | 1/19/2010 | See Source »

...Lorraine will be a key partner for me and my team,” Kirwan wrote in an e-mailed statement...

Author: By Noah S. Rayman, CRIMSON STAFF WRITER | Title: Sterritt To Assume Post of College Dean for Administration | 1/19/2010 | See Source »

...statement announcing Sterritt’s return to Harvard, Hammonds wrote that Sterritt would work with senior administrators, faculty, and operational managers in the College and across the University to “promote the successful integration of academic, residential, and extracurricular life in the College...

Author: By Noah S. Rayman, CRIMSON STAFF WRITER | Title: Sterritt To Assume Post of College Dean for Administration | 1/19/2010 | See Source »

Rather than being triggered by lava-flow murmurings deep in the Yellowstone Caldera, the latest quakes are believed to be the result of shifting plate tectonics, according to a statement issued by the Yellowstone Volcano Observatory (YVO), which is operated by the University of Utah and the U.S. Geological Survey. "At this time the Yellowstone Volcano Observatory does not consider the swarm to be unusual and the earthquakes are likely related to tectonic fault sources," the statement said. "Also there is no indication of premonitory volcanic or hydrothermal activity, but ongoing analyses will evaluate these different sources...

Author: /time Magazine | Title: Yellowstone Rumblings: Nothing to Fear? | 1/19/2010 | See Source »

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