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News Watch
- 11/8/2009 9:02:12 PM
By Chip Brian, SmarTrend Analytics Team
11/8/2009-According to a report from the Telegraph, Kraft (NYSE:KFT) may boost the cash portion of its bid for Cadbury (NYSE:CBY) to 400 pounds, up from its 300 pound initial bid, ahead of Monday's 5 p.m. deadline. In addition, the company has locked down Royal Bank of Scotland (NYSE:RBS), Credit Suisse (NYSE:CS), Barclays (NYSE:BCS) and BNP Paribas to help with a 4.4 billion pound bridge loan.
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