Hershey’s Main Owner Rejects Mondelez’s Offer as Too Low
The main owner of US chocolate maker Hershey Co. has rejected a preliminary takeover offer from Mondelez International Inc., people familiar with the matter said, potentially ending a fresh pursuit that would’ve created a food giant with combined sales of almost $50 billion.
Hershey Trust Co. is a rarity in corporate America. It owns almost all of Hershey Co.’s Class B stock, giving it roughly 80% ...
Reports from a variety of sources confirm that Mondelez—the owner and maker of Oreo and Cadbury—approached the Hershey Company about an acquisition.
Wells Fargo downgraded Hershey (HSY) to Underweight from Equal Weight with a ... in cocoa prices over the past five weeks will prove durable, as of right now, the company is looking at nearly ...
A takeover would top the value of the year’s biggest deal: snack maker Mars Inc.’s agreement to buy Kellanova for nearly $36 ...
Tesla stock sets an all-time intraday high, GameStop posts a surprise quarterly profit even as sales fall 20%, and Macy’s ...
Hershey's strong brand power and pricing resilience make it a compelling long-term investment, regardless of the potential ...
After Mondelez reportedly approached the Hershey Company about an acquisition, we're taking a closer look at the potential ...
Hershey shares were trading lower after Mondelez International offered insight on how it wants to build its business.
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