Andrea Felsted, Columnist

Kraft's Unsavory Option

There are barriers outside of the spreadsheet.
Photographer: John Thys/Getty Images
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When it came to a bid for Unilever NV, Kraft Heinz Co. retreatedBloomberg Terminal to its bunker within days. But according to analysts at Susquehanna, that might not last much longer.

By mid-August, the six-month hiatus on the U.S. giant returning with another tilt will be over. Susquehanna estimatesBloomberg Terminal there's a more than 75 percent chance of Kraft coming back with a hostile bid.