(GuruFocus, November 9, 2009) Donald Yacktman, chief investment officer at Yacktman Asset Management Co., talks with Bloomberg about Kraft Foods Inc.'s bid to acquire Cadbury Plc. Kraft stuck to its initial bid in an unsolicited offer to buy Cadbury for 9.8 billion pounds ($16 billion). Cadbury, the world’s second-largest candy and chocolate maker, rejected Kraft's offer, saying the offer is now worth less and the initial proposal had already undervalued the company.
According to GuruFocus data, Donald Yacktman owns 43,720 shares as of 09/30/2009, which accounts for 0.07% of the $1.73 billion portfolio of Yacktman Asset Management Co..
(Source: Bloomberg)
According to GuruFocus data, Donald Yacktman owns 43,720 shares as of 09/30/2009, which accounts for 0.07% of the $1.73 billion portfolio of Yacktman Asset Management Co..
(Source: Bloomberg)
