Wednesday, November 4, 2009

Kraft on Cadbury

"Clearly, there has been a lot of speculation about what we can afford given these parameters, but as we said before, what we can afford is not relevant," Kraft Chief Executive Irene Rosenfeld said on a conference call, referring to her resolve to maintain a disciplined approach to the deal.

"What is relevant is what Cadbury is worth, and that will guide our actions going forward," she said.

(Is that Buffett or Irene?)