By Douglas A, McIntyre
One way to fight a hostile takeover is to find a “white knight”. Cadbury (NYSE:CBY) is doing just that in clandestine meetings with Hershey (NYSE:HSY). The meetings are no longer secret now that several media outlets have reported on them. This news is yet another sign that Kraft (NYSE:KFT) faces an uphill battle in its bid to buy Cadbury.
Sponsored: Find a Qualified Financial Advisor:
Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.