Cadbury teased shareholders with the
prospect of rival bids and promised bigger dividends and stronger growth as it
again knocked back a hostile 10 billion pound offer from Kraft Foods, according
to Reuters. Cadbury chairman Roger Carr said Hershey and Italy's Ferrero had
both indicated they were contemplating bids, adding serious negotiations would
only start if a compelling and fully financed offer emerged. The Dairy Milk
chocolate maker was issuing its defense document against Kraft's takeover bid,
telling shareholders not to let the U.S. food group "steal" Cadbury
and kicking off a seven-week fight for independence. British and Irish Cadbury
confectionery workers are planning their own defense against the Kraft takeover
campaign. They will argue that the Kraft takeover will result in job losses and
pay cuts. Cadbury also dismissed the notion it would pursue Hershey as part of
its defense, saying the company would not choose to pour money into the U.S.
market. Under UK takeover rules, Cadbury shareholders have until February 2 to
either accept or reject Kraft's offer.
The
loop-powered, stainless steel analog shaft tachometer requires no user
calibration. The compact tachometer is only 18mm in diameter. The unit
reliably detects magnetic pulses from a rotating shaft-mounted pulser
disc or wrap.
Interested in contributing a feature article or guest column for Processing or Global Processing? E-mail dennis@grandviewmedia.comfor more information.
The
loop-powered, stainless steel analog shaft tachometer requires no user
calibration. The compact tachometer is only 18mm in diameter. The unit
reliably detects magnetic pulses from a rotating shaft-mounted pulser
disc or wrap. 
