Marcial: Pros Bet Cadbury Will Melt for Kraft
This article is for subscribers only.
How to play the Kraft Foods (KFT) vs. Cadbury (CBY) takeover chess game?
With American Depositary Receipts (ADRs) of Cadbury easing from 52.66 a share on Oct. 22 to 50 on Nov. 12, this is a chance for investors to grab some of the U.K. company. Some pros are betting big bucks that Cadbury will succumb to Kraft's persistent efforts to buy the leading maker of chocolate, gum, and candy. Kraft is one of the world's largest branded food and beverage companies.