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NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Ridgewater Equity (RWE).

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PHILADELPHIA/ZURICH (Reuters) - Kraft Foods Inc KFT may raise its offer for Cadbury Plc CBRY or offer more cash in its bid if rival takeover offers emerge, a source familiar with the situation said on Sunday.Kraft made a $16.8 billion hostile offer to acquire U.K. confectioner Cadbury, but rivals such...

PHILADELPHIA (Reuters) - Kraft Foods KFT may raise its offer for Cadbury Plc CBRY or offer more cash in its bid if rival takeover offers emerge, a source familiar with the situation said on Sunday."The Kraft team is figuring out the next move," the source said.Kraft made a $16.8 billion...

ZURICH (Reuters) - Swiss food giant Nestle NESN may consider a bid for Britain's Cadbury CBRY to challenge a hostile 9.9 billion-pound bid by Kraft Foods Inc and a potential move by Hershey, Bloomberg reported on Sunday.Nestle was still weighing its options and could decide against a bid, Bloomberg said,...

Nestlé may join the bidding for Cadbury, challenging Kraft Foods as well as a potential offer from Hershey, Bloomberg News reports.

Hershey Co. (HSY) and Italian-based confectioner Ferrero SpA are considering a possible bid for U.K. candy giant Cadbury PLC (CBRY), raising the potential for a costly bidding war. But should a battle take place, U.S. food giant Kraft Foods Inc. (KFT) is still the odds-on favorite. Hershey, the maker of Reese’s Peanut Butter Cups, said ...

Hershey Co. (NYSE: HSY) and Italian-based confectioner Ferrero SpA are considering a possible bid for U.K. candy giant Cadbury PLC (NYSE ADR: CBRY), raising the potential for a costly bidding war. But should a battle take place, U.S. food giant Kraft Foods Inc. (NYSE: KFT) is still the odds-on favorite.[More...]

By Don Miller Associate Editor Money Morning Hershey Co. (NYSE: HSY) and Italian-based confectioner Ferrero SpA are considering a possible bid for U.K. candy giant Cadbury PLC (NYSE ADR: CBRY), raising the potential for a costly bidding war. But should a battle take place, U.S. food giant Kraft Foods Inc. (NYSE: KFT) is still [...]

Analysts are mostly skeptical about the likelihood of Hershey (HSY) and Ferrero mounting a successful joint bid for Cadbury (CBRY) to thwart Kraft’s (KFT) pending bid for the company. However, the threat of a rival bid may be enough to coax a slightly sweeter offer from Kraft. Both Bloomberg and Reuters offer good summaries of analyst [...]

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