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Reuters ahead on lawsuit by Cadbury shareholder over Kraft bid

Reuters ahead on lawsuit by Cadbury shareholder over Kraft bid

Reuters was more than five minutes ahead of the competition on October 1 with news of the first major lawsuit filed in the high-profile Kraft-Cadbury deal saga. A Cadbury shareholder filed suit in New Jersey, arguing that shareholders would face massive losses if Cadburys CEO, chairman and board of directors did not properly look at Krafts $16 billion proposed bid for the company.

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