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Reuters ahead on lawsuit by Cadbury shareholder over Kraft bid10.01.2009
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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