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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.
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
Mondelez’s takeover of Hershey would rank as top deal of 2024
Snack-food giant Mondelez International Inc.’s potential takeover of chocolate maker Hershey Co. would rank as the year’s top M&A deal. Chicago-based Mondelez, the maker of Oreo, Ritz, Wheat
7h
Traders sour on Hershey as Mondelēz appears cool to potential merger
Hershey shares fell as traders digested updates suggesting that it was unlikely to merge with Mondelēz International.
23h
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 ...
Crain's Chicago Business
4h
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 ...
5h
What's Going On With Hershey Shares Wednesday?
What Else: Today, Mondelez announced a $9 billion share repurchase program. The share repurchase authorization will begin Jan ...
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 ...
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.
3h
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 ...
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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