Cadbury prefers merger with Hershey
Cadbury Plc would prefer a merger with US chocolate maker Hershey Co rather than Kraft Foods Inc , the British company's chairman Roger Carr told the Sunday Telegraph.
Business Week reports that Hershey Co. is stepping up efforts to prepare a bid for Cadbury Plc and plans to make a decision after Kraft Foods Inc.'s final offer for the UK chocolate maker, according to people with knowledge of the matter.