[November 22, 2009] Nestle Mulling over Cadbury Bid (NSRGY,CBY,HSY) Tweet Nov 22, 2009 (SmarTrend(R) News Watch via COMTEX) -- 11/23/2009-Nestle (PK:NSRGY) has joined the buyout party and is reportedly mulling over a bid for Cadbury (NYSE:CBY) that would challenge Kraft's (NYSE:KFT) $16.7 billion hostile bid as well as a possible bid from Hershey (NYSE:HSY). A Bloomberg report, which cites two sources familiar with the matter, indicated that Nestle was discussing its options with bankers and it may decide against the bid however. Write to Chip Brian at [email protected] --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com. Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.TradeTheTrend.com/signup.html [ Back To TMCnet.com's Homepage ]