Kraft (KFT) Merger Move May Drive More M&A

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By Douglas A. McIntyre Updated Published
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By Jon Ogg

It seems that Kraft Foods (NYSE:KFT) is about to go after Cadbury plc (NYSE:CBY) in the U.K. harder than it already has. Many believe Kraft is about to make a high bid even higher than what it has already bid. There are a couple of key issues here to consider, particularly as this deal could launch a wave of size-up and me-too mergers among global food and candy players. The first is the notion that the deal on the table is already generous and has already been called at full-value. The second notion is that the host of competing companies like Hershey (NYSE:HSY) and its peers and rivals are still considered to be close to deciding if they want to make a play for Cadbury.

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Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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