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Hershey Trust Company, 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.
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
Hershey's main owner rejects Mondelez's offer as too low, Bloomberg News reports
Hershey's main controlling owner has rejected Mondelez International's preliminary takeover offer, terming it as too low, Bloomberg News reported on Wednesday, citing people familiar with the matter.
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., ...
3d
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 ...
Crain's Chicago Business
23h
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 ...
3d
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 ...
22h
on MSN
These Stocks Moved the Most Today: Tesla, GameStop, Super Micro, Macy’s, Hershey, Dave & Buster’s, Walgreens, Stitch Fix, and More
Stocks rose Wednesday and the Nasdaq Composite crossed 20,000 for the first time after the consumer price index for November ...
Food
11h
Hershey rejects Mondelēz’s acquisition bid
Mondelēz International’s second attempt to acquire confectionery giant Hershey has been rejected by The Hershey Trust, citing ...
2d
Mondelez International aims to buy HERSHEY Company after previous failure
As it is, she is an international pariah, the wife of a monster responsible for more than half a million deaths, and she ...
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.
1d
on MSN
Hershey’s U.S. Confection President Leaving After Three Months on Job
Hershey said Del Pozzo will depart this week, with President and CEO Michele Buck assuming oversight of the business while ...
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