Kraft holds 1.5 percent of Cadbury in offer awareness
Kraft Foods says 1.5 percent of Cadbury holders have accepted its hostile bid while the cash and stock offer rises toward Cadbury's market value. Nestle declines any rival bid, Warren Buffett cautions against more stock, and Hershey reportedly weighs a rival approach as Cadbury signals no white knight interest.
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Elyria's No. 1 Buffet expands Chinese cuisine and service
Elyria’s No. 1 Buffet opens across from Midway Mall with an all you can eat menu featuring American Chinese and Japanese options. Chef talent from New York and Hong Kong backs a focus on fresh ingredients and strong service. Owners Chen and Zheng aim for growth with plans for a second restaurant and a location in every town.
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Rob Swindell
Chronicle
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North
New Business Openings in Lorain County
Readers are invited to submit business openings in Lorain County for a Chronicle feature. Include business name location opening date purpose contact person and a photo if available for possible publication.
MENTIONED IN THIS ARTICLE
Lorain County
ctnews@chroniclet.com
GM dealer franchise restorations could begin this month
GM interim CEO Ed Whitacre Jr said hundreds of the 1,350 GM dealers who lost franchises last year could have them restored in a congressionally mandated process starting later this month. He also said CFO Chris Liddell is a candidate for the CEO post and that GM expects profitability this year depending on the economy.
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General Motors Co
Ed Whitacre Jr
Chris Liddell
Whitacre
TV makers race to test depth of 3-D home viewing
At the Las Vegas show, major manufacturers unveil 3-D TV models and Blu-ray players. Samsung projects 3-D capable sets will reach 10 to 14 percent of U.S. TV sales this year, with LG revealing 47 and 55 inch 3-D flats and a price premium of 200 to 300 dollars. Announcements from Sony and Panasonic are anticipated.
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Tim Baxter
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LG Electronics Inc
Tim Alessi
LG Electronics USA
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