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Cadbury’s not owned by Cadbury’s any more since, erm, a long time ago actually

In Uncategorized on Tuesday 19th January, 2010 by Guy

The board of Cadbury's have agreed a takeover of their firm by Kraft. (You're not allowed to read it in Japan, apparently, so be very, very careful).

A woman who isn't sure if she even owns shares in Cadbury's complains on the radio about it. The woman happens to be a descendant of the founder of Cadbury's, as though that makes any difference.

Here's an idea for future family-owned firms: if you don't want your firm to be bought by naughty foreigners, don't sell shares in it on the open market, as Cadbury Schweppes PLC had been doing since 1969. Genius.

By the way: is this the same Cadbury's that has gobbled up lots of other previously-independent confectionary makers? That was part of the enormous multinational Cadbury Schweppes until 2008? That has had a scandal pretty much every single year for the last few years? So not really something to be overly proud of now, is it?

Please keep your pathetic self-righteousness to yourself, if you find yourself tempted to share it. If you wanted to keep Cadbury PLC "British" for whatever reason (where "British" can include being owned by shareholders all over the world, as long as they don't own all of it), you should have put your money where your mouth is and done something about it, like offering a higher counter-offer to Kraft's one. Otherwise, put up and shut up.

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One Response to “Cadbury’s not owned by Cadbury’s any more since, erm, a long time ago actually”

  1. After I originally commented I seem to have clicked on the -Notify me when
    new comments are added- checkbox and from now on
    whenever a comment is added I get four emails with the exact same comment.
    Perhaps there is a way you can remove me from that
    service? Cheers!

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