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Kraft Offers More Cash in Cadbury Bid

Kraft said Tuesday that it would offer more cash in its hostile takeover bid for the British chocolate maker, using the proceeds from a sale of its frozen pizza business.

 

Kraft Bid for Cadbury Likely to Go Hostile

Kraft is expected to officially launch a hostile bid for Cadbury, setting in motion a tussle for control of the British confectionary firm.

 

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