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Hershey, Ferrero Consider Cadbury Bid

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Cyprus Company Formation
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Dec 30, 2008
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A bidding war looks set to ensue for British confectionary maker Cadbury after U.S. chocolatier Hershey and Italian confectioner Ferrero issued separate statements confirming their interest. Cadbury dismissed Kraft Inc.'s Nov. 9 hostile offer of $16 billion as "derisory."


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