Appeared on January 25, 2010
David Becher Ph.D, associate professor of finance, was quoted in an article titled “Cravings of Company, Trust Diverge” in The Patriot News about Hershey’s failed bid to acquire the British confectioner Cadbury.
Becher argued that Hershey’s handling of Cadbury appeared to play out as it should have.
“That’s the positive to take out of this: There’s a limit to how much debt they were willing to take on,” Becher said. “If you offered too much, you may win, but you lose.”