Hershey May Be Preparing a Sweeter Bid for Cadbury

Updated

According to a report from the Financial Times, Hershey (HSY) is preparing a solo bid for Cadbury (CBY), which is already fending off a hostile offer of $16.9 billion from Kraft Foods (KFT). With a Jan. 23 deadline for offers looming, a bid from Hershey may come by next week.

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