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Ferrero International Officially Drops Out Of Cadbury Takeover Battle
Monday, January 25, 2010 - 6:50am | 123Italy's Ferrero International SA has officially declared itself out of the takeover battle for U.K. candymaker Cadbury PLC (NYSE: CBY). Ferrero made the announcement on the deadline for companies to submit firm offers. Following last week's announcement by the Hershey Co. (NYSE: HSY) that it would...