Hershey, Ferrero mull Cadbury Bid
A chocolate war looks set to emerge between for British confectionary maker Cadbury. Both Hershey and Ferrero are considering a joint bid that would ward off a potentially hostile takeover by Kraft Foods Inc. On Nov. 9th, Cadbury rejected a $16 billion offer by Kraft, calling it “derisory”. “Cadbury has heard nothing from Ferrero or […]