Cadbury earnings amount to final Kraft defense

Описание

Cadbury plc's (NYSE:CBY) preliminary earnings announcement Tuesday will allow management a final chance to articulate a defense of Kraft Foods Inc.'s $17.6 billion bid. While the U.K. confectioner is expected to report solid results, Paul Bird, co-chair of the M&A group at Debevoise & Plimpton LLP, says Kraft's offer remains compelling. See the video below or download it at iTunes. - Suzanne Stevens