Kraft Foods feels they strengthened their ongoing bid to purchase the English confectioner Cadbury today by selling their pizza business to Nestle. The sale effectively rules out Nestle as a competing bidder for Cadbury while also adding more on-hand cash to Kraft's estimated $16.4 billion offer to buy the company, making Kraft the overwhelming front runner. more ›

Talk about your major deals. Mars, Inc. is set to buy the Wm. Wrigley Corporation for $22 billion. The deal is being fueled by some serious seed money from Warren Buffett's Berkshire Hathaway. more ›