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Article: CADBURY PLC - Cadbury Response to Kraft Foods Formal Offer.
- Article from:
- PR Newswire UK Disclose
- Article date:
- November 9, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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9 November 2009
Cadbury Statement in Response to Announcement by Kraft Foods of a Formal Offer
Cadbury plc ("Cadbury") notes the announcement of an unsolicited offer by Kraft
Foods Inc. ("Kraft") of 300p and 0.2589 Kraft shares per Cadbury share,
implying a value for each Cadbury share of 717 pence (based on the closing
price of USD 26.78 for a Kraft share on 6 November 2009 and an exchange rate of
1.6609 USD / GBP) (the "Offer").
The Offer's cash price per share and exchange ratio are unchanged from Kraft's
announcement of 7 September. However, due to the fall in the Kraft share price
since then, the implied value for each Cadbury share is around 4% lower. ...
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Article: SNS Silver Retracts Forward Looking ...
Marketwire Canada;
November 26, 2009 ;
503 words
... ... Silver Corporation ("SNS" or the "Company") (TSX VENTURE:SNS) would like to clarify the following forward looking statements issued in its news release of November 19th, 2009. Re: "positive impact on the forecasted economics ...
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