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Hershey, Mondelez
What Is the Hershey Trust and Why Can It Block Takeover Deals?
Hershey Trust Co. is a rarity in corporate America. It owns almost all of Hershey Co.’s Class B stock, giving it roughly 80% of the voting power of the company. That clout was apparent this week when it rebuffed a takeover attempt by Mondelez International Inc.
Mondelez-Hershey – no longer a sweet deal?
Mondelez’s plans for a buyback and its “focus” more on “bolt-on” M&A suggest to some onlookers it may think again about pursuing Hershey.
Hershey Trust Co. rejects preliminary takeover offer from Mondelez: report
According to Bloomberg, the Hershey Trust Co. rejected a takeover bid by Mondelez International, Inc. to acquire the Hershey Co. in Derry Township. File photo by Dan Gleiter |
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PENNLIVE.COM
1d
Possible takeover of Hershey: What's the impact? What could prevent it?
After Mondelez reportedly approached the Hershey Company about an acquisition, we're taking a closer look at the potential ...
1d
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., ...
2d
Hershey Co. reportedly being courted in potential takeover bid
Mondelez International Inc., maker of Ritz and Oreo, is mulling a takeover of the Derry Township-based confectioner and snack ...
2d
Snack company exploring takeover of chocolate maker Hershey
A takeover would top the value of the year’s biggest deal: snack maker Mars Inc.’s agreement to buy Kellanova for nearly $36 ...
Crain's Chicago Business
22h
Is Hershey the white whale for Oreo-maker Mondelez?
The Chicago-based snack maker is reportedly exploring an acquisition of the iconic chocolate company. It's not the first time ...
Business Insider
13h
Wells downgrades Hershey to sell on ‘historic’ earnings pressure
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 ...
WGAL
1d
Possible takeover of Hershey: Impact of merger, what could prevent it
Reports from a variety of sources confirm that Mondelez—the owner and maker of Oreo and Cadbury—approached the Hershey Company about an acquisition.
21h
on MSN
These Stocks Are Moving the Most Today: Tesla, GameStop, Super Micro, Macy’s, Hershey, Dave & Buster’s, Walgreens, Stitch Fix, and More
Tesla stock sets an all-time intraday high, GameStop posts a surprise quarterly profit even as sales fall 20%, and Macy’s ...
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