{"id":197650,"date":"2010-01-18T22:25:00","date_gmt":"2010-01-19T03:25:00","guid":{"rendered":"tag:blogger.com,1999:blog-3087194156628161158.post-3632835944958466574"},"modified":"2010-01-18T22:31:36","modified_gmt":"2010-01-19T03:31:36","slug":"cnbc-will-warren-buffett-give-his-blessing-to-krafts-friendly-deal-for-cadbury","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/197650","title":{"rendered":"CNBC: Will Warren Buffett Give His Blessing to Kraft’s Friendly Deal for Cadbury?"},"content":{"rendered":"

\"\"<\/a>Published: Monday, 18 Jan 2010 | 8:37 PM ET <\/span><\/p>\n

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By: Alex Crippen
Executive Producer<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Despite Warren Buffett’s very public concerns<\/a> about Kraft Foods overpaying for British confectioner Cadbury, the two companies are reportedly close to a friendly deal at the sweetened takeover price of $19 billion.<\/p>\n

CNBC’s David Faber, the Financial Times<\/strong><\/a><\/strong><\/b>, Businessweek<\/a><\/strong><\/a><\/strong><\/b>, and the Wall Street Journal<\/strong><\/strong><\/b><\/a>, are among those reporting tonight (Monday) that an agreement could be announced as soon as early tomorrow morning, ending a nasty five-month takeover battle.<\/p>\n

<\/span>It values Cadbury at 840 pence a share plus a ten pence dividend. The cash portion would increase from 300 pence to 500 pence.<\/p>\n

<\/span>Latest Cadbury stock price in New York trading: