Cadbury purchase snafu

Billionaire <a class="taxInlineTagLink" id="PEBSL000005" title="Warren Buffett" href="/topic/business/financial-business-services/warren-buffett-PEBSL000005.topic">Warren Buffett</a>'s <a class="taxInlineTagLink" id="ORCRP001814" title="Berkshire Hathaway Inc." href="/topic/business/berkshire-hathaway-inc.-ORCRP001814.topic">Berkshire Hathaway Inc.</a> said Tuesday it voted against Kraft Inc.'s proposal to issue 370 million shares to finance its bid for British candy maker <a class="taxInlineTagLink" id="ORCRP002436" title="Cadbury plc" href="/topic/business/consumer-goods-industries/food-industry/cadbury-plc-ORCRP002436.topic">Cadbury PLC.</a>

( Photo by Oli Scarff/Getty Images )

Billionaire Warren Buffett's Berkshire Hathaway Inc. said Tuesday it voted against Kraft Inc.'s proposal to issue 370 million shares to finance its bid for British candy maker Cadbury PLC.

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