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hello and welcome to the Berman post business bulletin on Tuesday January the twelve im tom Scotney it looks like the tide is starting to turn a cadbury today with shareholders rallying around the Bermuda company in the face of the hostile bid from kraft this morning Cadbury set out a formal case keeping the born bill chocolate firm independent and its emerged that at least two major shareholders have been brought on board kraft chief executive irene rosenfeld has been trying to arrange meetings with major can be shareholders in an attempt to convince them that selling would be the best thing to do but just a week before crafts 10.5 billion dollar offer is set to hit a deadline do the shareholders that allegedly already told them that theyre not interested in the bid at that price craft as a time seemed willing to raise the bid for Cadbury but it runs the risk of alienating his own backers investing legend Warren Buffett who owns 10% of craft as Warren company not to get carried aw
