{"id":201834,"date":"2010-01-20T01:07:00","date_gmt":"2010-01-20T06:07:00","guid":{"rendered":"tag:blogger.com,1999:blog-3087194156628161158.post-7537002334591026794"},"modified":"2010-01-20T01:10:40","modified_gmt":"2010-01-20T06:10:40","slug":"cnbc-warren-buffett-wont-get-to-vote-on-kraft-cadbury-but-may-have-something-to-say-tomorrow-on-cnbc","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/201834","title":{"rendered":"CNBC: Warren Buffett Won’t Get to Vote on Kraft-Cadbury, But May Have Something to Say Tomorrow on CNBC"},"content":{"rendered":"

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Published: Tuesday, 19 Jan 2010 | 2:21 PM ET <\/span><\/div>\n
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By: Alex Crippen
Executive Producer<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Warren Buffett’s Berkshire Hathaway won’t be able to make good on its threat to vote against Kraft’s agreement to buy Cadbury, even though Kraft had to raise its bid again to nearly $19 billion to close the deal<\/strong><\/a><\/strong><\/b>.<\/p>\n

<\/span>Berkshire is Kraft’s biggest shareholder<\/strong><\/a><\/strong><\/b>, with a stake of over 9 percent.<\/p>\n

<\/span>Earlier this month, in a very unusual news release, Berkshire said it would vote against Kraft’s proposal<\/strong><\/a><\/strong><\/b> to authorize the issuance of up to 370 million shares to facilitate a potential deal.<\/p>\n

<\/span>The release<\/strong><\/strong><\/b><\/a> criticized Kraft