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Wednesday, February 3, 2010

Kraft succeeds in gaining control of Cadbury

raft Foods said Tuesday that it has effectively gained control of Cadbury /quotes/comstock/13*!cby/quotes/nls/cby (CBY 54.03, 0.00, 0.00%) after holders of 71.73% of Cadbury shares accepted Kraft's final offer for the confectionary firm. However, Kraft plans to leave open its offer until further notice, even though all conditions of the deal had been met.

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