International Business Times - Feb 02, 2010The Hershey Company (HSY)
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Jack Russo
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Edward JonesAnalysts on average forecast $228 a share, according to Thomson Reuters I/B/E/S Hershey had mulled a number of ways to bid for Cadbury, including a joint offer with Italy's Ferrero The efforts, led by the charitable trust that controls Hershey, show the company understood the danger to its long term growth prospects if it could not land Cadbury, analysts said
"I think for any company in the position that they are in, to try to grow organically overseas is really tough," Edward Jones analyst Jack Russo said "It can be done, but it will take an awfully long period of time"
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Analysts on average forecast $228 a share, according to Thomson Reuters I/B/E/S Hershey had mulled a number of ways to bid for Cadbury, including a joint offer with Italy's Ferrero The efforts, led by the charitable trust that controls Hershey, show the company understood the danger to its long term growth prospects if it could not land Cadbury, analysts said<span class="sent"> "I think for any company in the position that they are in, to try to grow organically overseas is really tough," Edward Jones analyst Jack Russo said</span> "It can be done, but it will take an awfully long period of time"
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