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Berkshire voted no on Kraft share issue for Cadbury


ourkid8

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http://finance.yahoo.com/news/Berkshire-voted-no-on-Kraft-rb-3283294918.html?x=0&.v=1

 

 

"Berkshire said it does not believe any Kraft shareholder should vote "yes" to the proposal without knowing what they are voting for. However, it said that it would change its own vote from "no" to "yes" if, after seeing the final offer Kraft is expected to present later this month, it concludes that the offer does not destroy value for Kraft shareholders."

 

I am including this in the Fairfax board because Fairfax has a large holding in Kraft...

 

Thanks,

 

S

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