Friday, November 27, 2009

Hershey Could Finance Purchase of Cadbury, but Shouldn’t

Hershey could just about scrape together the $17 billion it would need to trump Kraft's bid for Cadbury, the British confectioner. Hershey could even do it without having the charitable trust set up by its founder lose control, according to calculations by But investors would be unwise to entrust the candy concern with more of their cash without lots of sweeteners.