Billionaire investor Warren Buffett on Wednesday came out against Kraft Foods Inc
I've got a lot of doubts about the deal, Buffett, whose Berkshire Hathaway
Aside from the price Kraft would pay for Cadbury, Buffett also questioned Kraft selling its pizza business to Nestle SA
I feel poorer, Buffett said of the deals.
Buffett said Kraft shares are undervalued.
Kraft shares fell 3 percent to $28.54 in premarket trading after Buffett's comments.
(Reporting by Brad Dorfman, editing by Gerald E. McCormick)