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Empresas y finanzas

Hershey will not make counterbid for Cadbury: report


    (Reuters) - U.S. chocolate maker Hershey Co has decided not to launch a counterbid for British confectioner Cadbury Plc following a unanimous vote by its board late on Wednesday, the Financial Times said, citing a person briefed on the matter.

    Earlier this week, Kraft Foods Inc sealed a friendly deal to buy CADBURY (CBRY.LO)for about $19.6 billion (11.9 billion pounds).

    Hershey could not immediately be reached for comment by Reuters outside regular U.S. business hours.

    (Reporting by Shailesh Kuber in Bangalore; Editing by David Cowell)