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Hershey, Ferrero considering bid for Cadbury | courier-journal.com | The Courier-Journal
Courier-Journal (Louisville, Ky.), The | 27 minutes ago
Hershey, hoping to expand its overseas presence, has lined up a potential partner as the most recognizable name in American chocolate considers starting a bidding war for British candy maker Cadbury.... (more)
UPDATE 1-Mexico's Bimbo prepays $300 mln in debt
Reuters | 30 minutes ago
MEXICO CITY, Nov 24 (Reuters) - Mexican breadmaker Grupo Bimbo said on Tuesday it had prepaid $300 million of a $600 million revolving credit facility due in July 2010 with internally generated funds.... (more)
Bidding war for Diedrich Coffee escalates
Nation's Restaurant News | 32 minutes ago
EMERYVILLE, Calif. (Nov. 24, 2009) Peets Coffee & Tea Inc. is battling with Green Mountain Coffee Roasters Inc. for the purchase of Diedrich Coffee Inc., and both suitors upped their bids this week to what they valued at $265 million.... (more)
Ailing Syracuse-based grocer plans to close 53 NY markets, 2 warehouses, lay off 4,000-plus
Chicago Tribune | 1 hour 5 minutes ago
SYRACUSE, N.Y. (AP) ? The Penn Traffic Co. has told New York officials it expects to close dozens of supermarkets in upstate New York and lay off more than 4,000 employees.... (more)
M&A Is Back -- But This Time, It's Different
Knowledge@Wharton | 1 hour 19 minutes ago
If the past month is any indicator, acquisitions are not only thawing but heating up. In October, Comcast made a bid to merge its operations with NBC Universal to create a cable programming giant. In early November, Kraft Foods announced a $16.5 billion bid for U.K.-based chocolate maker Cadbury -- also being sought by confectionery companies Hershey and Ferrero. The activity spans several sectors, including technology, with Hewlett Packard's agreement to purchase 3com for $2.7 billion, and G...... (more)
Coors Light and Zingo Nola Partner to Drive Home Message to Bayou Classic Fans to Drink Responsibly
CNBC | 1 hour 58 minutes ago
GOLDEN, Colo. & MILWAUKEE, Nov 24, 2009 (BUSINESS WIRE) -- To promote an enjoyable fan experience at the XXXVI State Farm Bayou Classic(R), Coors Light is partnering with Zingo Nola, New Orleans's premier designated driving service, to provide fans with an option for a safe ride home after the game. The classic match between the Grambling State University Tigers and the Southern University Jaguars football teams takes place on Saturday, November 28, at the Louisiana Superdome.... (more)
Heinz, Hormel optimistic about sales in 2010
Yahoo! | 1 hour 59 minutes ago
CHICAGO (Reuters) ? U.S. food makers H.J. Heinz Co (HNZ.N) and Hormel Foods Corp (HRL.N) said they expect sales to rise in the coming months as they spend more on marketing to win the attention of recession-weary consumers who are dining at home instead of eating out.... (more)
Myners criticises City 'betting on Lady Luck'
Observer (London), The | 2 hours 25 minutes ago
The City minister has urged investors to stop acting like gamblers and take a long-term view of takeovers" /> <link rel="stylesheet" type="text/css" href="http://combo.guim.co.uk/82547/common/styles/wide/attention-data.css" media="screen... (more)
NY grocer plans to close 53 stores, lay off 4,000
BusinessWeek | 2 hours 34 minutes ago
BW Extras... (more)
Bi-Lo plan excludes Food Lion deal
American City Business Journals | 3 hours 12 minutes ago
The Bi-Lo supermarket chain has filed a bankruptcy-exit plan that doesn?t include its acquisition by Food Lion.... (more)
Wire Business News
Sacramento Bee (Calif.), The | 3 hours 15 minutes ago
SYRACUSE, N.Y. -- The Penn Traffic Co. has told New York officials it will close dozens of supermarkets in upstate New York and lay off more than 4,000 employees.... (more)
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Companies in the news
- Brookshire Grocery Co.
- Cadbury PLC
- Coca-Cola
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- Kellogg Co
- Kraft Foods Inc
- Kroger Co
- Meijer