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Cadbury rejects Kraft bid

Nov. 9, 2009
British candy maker Cadbury PLC rejected a renewed 9.8 billion pound ($16.4 billion) hostile bid from Kraft Foods Inc. on Monday after the U.S. company refused to sweeten a previous offer. Kraft's decision to keep the terms of its previously rebuffed cash-and-...
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Kraft turns hostile in pursuit of Cadbury

LONDON, Nov. 9 (UPI) -- U.S. food giant Kraft said it would turn to shareholders to decide the fate of Cadbury, which rejected a $16.3 billion purchase offer from Kraft in September.

Kraft remains focused on Cadbury

NORTHFIELD, Ill., Nov. 4 (UPI) -- U.S. food giant Kraft said it would continue to pursue Cadbury, and called for a "disciplined approach" in its quest for the chocolate maker.

Kraft given ultimatum on Cadbury

LONDON, Sept. 30 (UPI) -- The Takeover Panel in Britain has given Kraft Food Inc. until November 9 to make its intentions clear regarding a possible takeover of Cadbury PLC.

Kraft says it will pursue Cadbury

BOSTON, Sept. 9 (UPI) -- Kraft Foods Inc. Chief Executive Officer Irene Rosenfeld said Wednesday that Kraft would continue to pursue Cadbury PLC, the British confectionery maker.

Cadbury rejects Kraft merger offer

LONDON, Sept. 7 (UPI) -- British chocolate maker Cadbury PLC Monday said it rejected a $16.7 billion merger offer from U.S. foods manufacturer Kraft Foods Inc.

Cadbury opts to spin off beverage business

LONDON, Oct. 10 (UPI) -- Cadbury Schweppes PLC, the British confectionery and beverage company, announced Wednesday it will spin off its beverage business rather than sell it.

Cadbury to split candy, drinks businesses

LONDON, March 15 (UPI) -- Cadbury Schweppes PLC will separate its candy and drinks business, the British company said Thursday. The announcement came two days after Cadbury said U.S. financier Nelson Peltz had taken a 2.98 percent stake in the company.

Analysts: Peltz may push for Cadbury split

LONDON, March 14 (UPI) -- Nelson Peltz's stake in Cadbury Schweppes PLC may lead the U.S. financier to push the candy maker to ditch its soft-drinks brands, analysts say.

Cadbury bottles up Dr Pepper/7-Up

LONDON, April 25 (UPI) -- Britain's Cadbury Schweppes PLC, the world's third-largest soft drinks group, has bought control of the Dr Pepper/Seven Up Bottling Group, for $353 million.

Cadbury gets $2.2B for its beverage assets

LONDON, Nov. 21 (UPI) -- Britain's Cadbury Schweppes PLC said Monday it was selling its non-core European beverage business for $2.2 billion.
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President Obama awards the Presidential Medal of Freedom in Washington
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President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch