Cadbury Plc would prefer a merger with U.S. chocolate maker Hershey Co rather than Kraft Foods Inc, the British company’s chairman Roger Carr told the Sunday Telegraph newspaper. Hershey is considering launching a bid of at least $17 billion for Cadbury as it seeks to trump a hostile $16.5 billion offer by Kraft.
By editor Nov 22, 2009, 5:12 PM
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