Cadbury talks to Hershey for rival bid

Cadbury talks to Hershey for rival bid

CHICAGO/LONDON (Reuters) - Members of Cadbury Plc's board have been talking with counterparts at Hershey Co as expectations fade for a significantly higher bid from Kraft Foods Inc . Cadbury is not only seeking a higher price than Kraft's $16.8 billion (10.5 billion pound) hostile offer, but also a merger partner that would let the British chocolatier have some say in a combined company, two sources familiar with the discussions told Reuters.

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