Mario Gabelli Discusses Outlook for Kraft's Cadbury Bid: Video
Bloomberg
Nov. 25, 2009. 10:48 AM EST
Nov. 25 (Bloomberg) -- Mario Gabelli, chief executive officer of Gamco Investors Inc., talks with... More »
Nov. 25 (Bloomberg) -- Mario Gabelli, chief executive officer of Gamco Investors Inc., talks with Bloomberg's Betty Liu, John Erlichman and Adam Johnson about Kraft Foods Inc.’s $16.1 billion offer for Cadbury Plc and the possibility that Hershey Co. may outbid Kraft for the U.K. chocolate maker. Hershey’s controlling trust wants the company to make a $17 billion bid for Cadbury that would be worth more and have a higher cash component than Kraft, the Wall Street Journal reported on Nov. 20. (This is an excerpt of the full interview. Source: Bloomberg) « Less
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