Although no formal offer has been made by Kraft, the US giant best known for cheese slices and Oreo cookies, its chief executive Irene Rosenfeld has applied a classic hostile bear squeeze on the company she covets.
Eh?
In what way is launching a takeover offer a bear squeeze?
That phrase usually refers to driving the price up against short sellers. What is this wibble?
Quite! If I wanted to read wibble I’d take the Nurdgaia.