New York Times - DealBook - Feb 10, 2010Cadbury plc (CBRY)
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New York Times - DealBookRoger Carr, chairman of Cadbury until the British confectioner was taken over by Kraft just weeks ago, said Tuesday that Great Britain needs to change its takeover rules to give companies at home more protections. He said that the actions of hedge funds made the bid "self fulfilling prophesy," The Guardian reports, citing a speech by Mr Carr at the Saïd Business School of Oxford
Cadbury shareholders took advantage of the stock's rise during the monthslong takeover battle to lock in gains by selling, and the buyers were often hedge funds
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<span class="sent">Roger Carr, chairman of <span class="company">Cadbury</span> until the British confectioner was taken over by Kraft just weeks ago, said Tuesday that Great Britain needs to change its takeover rules to give companies at home more protections. </span> He said that the actions of hedge funds made the bid "self fulfilling prophesy," The Guardian reports, citing a speech by Mr Carr at the Saïd Business School of Oxford <span class="company">Cadbury</span> shareholders took advantage of the stock's rise during the monthslong takeover battle to lock in gains by selling, and the buyers were often hedge funds
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