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Hostile bid for sweets maker rejected
NORTHFIELD, Ill. -- The North American food giant Kraft Foods Inc. on Monday repeated the $16.4 billion cash and shares terms of its original offer for Cadbury plc, which the candy maker rejected two months ago, and took its bid, now worth 4% less after a fall in Kraft shares, directly to Cadbury shareholders, said Reuters. Cadbury lost no time rejecting the "derisory offer," as chairman Roger Carr termed it.
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Ontario retailer stocking product in it 47 stores
OTTAWA, Ont. -- RyLo Products, owner and manufacturer of the Revive Energy Mints brand, has announced that Revive Energy Mints can now be found in Quickie Convenience Stores. Revive Energy Mints are a new product in the energy supplement market, offering consumers the same amount of energy as the leading energy drink, the company said.
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| Discussions in preliminary stages; no discussion of financial specifics
 HERSHEY, PA. -- U.S. chocolate giant Hershey Co. has been in high-level talks with Italian chocolate maker Ferrero Spa to possibly craft a rival joint bid to Kraft Foods Inc.'s $16.7 billion offer for Cadbury PLC, according to people familiar with the matter, said The Wall Street Journal.
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 | 11/19/2009 Ontario retailer stocking product in it 47 stores
| | 11/18/2009 Discussions in preliminary stages; no discussion of financial specifics
| | 11/13/2009 Maker of iconic snack adds dedicated retail space
| | 11/10/2009 Hostile bid for sweets maker rejected
| | 11/6/2009 FTC clearance issues derail deal between snack food companies
| | 11/4/2009 New name leverages iconic products
| | 10/30/2009 Flook to lead Sconza Candy operations
| | 10/27/2009 Company adds 15 packaged bakery items to its line of 7-Select private-label products
| | 10/23/2009 Snack companies say combination will strengthen marketplace position
| | 10/22/2009 Part of DudeWheresMyBar.com contest with Seth Green
| | 10/21/2009 Sales expected to reach $6 billion; Americans shunning private-label sweets
| | 10/15/2009 Obesity concerns prompt calls to limit new convenience stores in South L.A.
| | 10/12/2009 Native American snack foods go nationwide
| | 10/12/2009 Will continue offering discounts in snacks, beverages
| | 10/7/2009 Mukherjee named Frito-Lay NA SVP, CMO succeeding Kumar
| | 10/6/2009 Program offers retailers free racks, discounts on display products
| | 10/5/2009 Potato chip sales jump with recession, but growth expected to taper off with recovery
| | 10/1/2009 U.K. panel gives U.S. food co. until Nov. 9 to make binding offer for candy maker
| | 9/30/2009 Frightful economy expected to scare down holiday spending
| | 9/29/2009 Paper says U.S. food company preparing $17.45 billion offer for U.K. candy maker
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Redefining Refining
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 Tesoro’s Lynn Westfall addresses the harsh reality facing the refining industry.
(Running Time 05:37) |
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