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Kraft improves Cadbury offer after sale to Nestle

Jan. 5, 2010
Kraft Foods Inc. improved its hostile takeover offer for British chocolate and gum maker Cadbury PLC after selling its North American pizza business for $3.7 billion to Nestle, which confirmed it would not make a rival bid. Kraft said it would use the money...
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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.

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Wrigley buys Life Savers for $1.5 billion

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Lori Anne Madison, 6, competes in Scripps National Spelling Bee
View Caption
Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler