You are here: Home / Corporate/Finance / Hershey Has No Immediate Plans on Cadbury Bid

Hershey Has No Immediate Plans on Cadbury Bid

Posted by on June 2, 2010 · Leave a Comment 

Candy maker Hershey says it has no immediate plans to make an offer for British competitor Cadbury, making it all but certain that Kraft Foods Inc.’s $19.5 billion bid will proceed without competition. The Hershey Co. did leave room for reconsideration, however.

The company says it is reserving the right to bid or participate in a Cadbury offer within six months, but a number of conditions must be met.

Share

No related posts.

Related posts brought to you by Yet Another Related Posts Plugin.

Filed under Corporate/Finance, Latest News · Tagged with , ,

Speak Your Mind

Tell us what you're thinking...
and oh, if you want a pic to show with your comment, go get a gravatar!