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Saturday, November 21 2009  |  08:48 EDT  | 
DJIA (DIA) S&P 500 (SPY)

Market Currents

Friday, November 6, 2009
4:48 PM TweetThis
  • A standoff is in the works as Kraft (KFT) faces a Monday "put up or shut up" deadline from the U.K. Takeover Panel in its bid for Cadbury (CBY) - whose earlier rejection suggested that Kraft might have to raise its $16.7B bid (a 31% premium at the time). But no other suitors have emerged. Since the offer: KFT -4%, CBY +33%.
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