Nestle raises offer , extends deadline in takeover bid for Cadbury . Kraft shareholder Buffett says he voted against Cadbury offer . U.S. company sells UK pizza business to Kraft to fund revised offer . `` The acquisition brings leadership in the frozen pizza category , where Nestle only had a minor presence until now , and builds on Nestle 's existing pizza know-how and operations in Europe , '' Nestle said in a statement Tuesday . UK candy maker Cadbury rejects offer , says terms remain `` unchanged , derisory ''
Nestle raises offer , extends deadline in takeover bid for Cadbury . Kraft shareholder Buffett says he voted against Cadbury offer . U.S. company sells UK pizza business to Kraft to fund revised offer . UK candy maker Cadbury rejects offer , says terms remain `` unchanged , derisory ''