Thursday, November 19, 2009

Hershey, Ferrero Weighing Rival Bid For Cadbury

Hershey, hoping to expand its overseas presence, has lined up a potential partner, Italian candymaker Ferrero International SA, in a possible bidding war for British candy maker Cadbury PLC. The combination could have the financial firepower to top a $16.4 billion hostile bid by Kraft Foods Inc.

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Full story at http://www.npr.org/templates/story/story.php?storyId=120551474&ft=1&f=1006

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