Birmingham based chocolate maker Cadbury today released its second defence document against the hostile takeover bid from US food conglomerate Kraft.
Kraft has bid $10.5bn for Cadbury, whose shareholders have a deadline of February 2 to accept the offer. Cadbury has repeatedly stated its desire to resist the takeover and remain independent and unions are behind them as they fear job losses through economies of scale if the firm was to become part of a bigger…
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