Barring any last-minute surprises, Kraft, the world's second-largest food company, will swallow UK-based Cadbury. Barely a month after deriding Kraft as an "unfocused" conglomerate and declaring "There is no strategic, managerial operational or financial merit in combining with Kraft", Cadbury Chairman Roger Carr announced that the price was right. He praised Kraft for its commitment to "our heritage, values and people throughout the world"…and acknowledged the inevitability of job cuts.