Cadbury shareholders vote in favour of Kraft takeover

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Cadbury shareholders vote in favour of Kraft takeover

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02-02-2010, 08:36 PM

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Cadbury shareholders vote in favour of Kraft takeover

Cadbury shareholders have today voted in favour of the £11.5 billion ($18.9 billion) takeover deal from US giant, Kraft Foods. Today’s vote brings an end to Kraft’s five-month battle to take control of the 186-year-old British confectioner.Cadbury said it had received valid acceptances of the offer from shareholders representing 71.7% of the company. Commenting on [...]

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