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Hershey, Ferrero Consider Making Offer For Cadbury

Chocolate makers Hershey and Ferrero are considering making an offer for Cadbury.
/ Source: WGAL.com

WGAL.com

Chocolate makers Hershey and Ferrero are considering making an offer for Cadbury.

Hershey told the London Stock Exchange Wednesday morning that it is reviewing its options, but at this time there is no guarantee any offer is coming.

Cadbury is already the target of a hostile takeover by Kraft Foods.

Cadbury said that Kraft's bid of $16.4 billion significantly underestimates the company's worth.

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