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Why might Mondelez still be sweet on Hershey?A little more than eight years after Hershey rebuffed a takeover bid from Mondelez, Bloomberg said the Cadbury owner had made what the news outlet called a “preliminary approach” to buy Hershey.
Bob O'Brien with the Barron's Video Report notes Credit Suisse has cut its rating on Hersey to underperform, arguing that a takeover by Nestle isn't quite as compelling as some investors believe.
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What Is the Hershey Trust and Why Can It Block Takeover Deals?(Bloomberg) -- 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 ...
We’ve been used to food companies like Unilever, Nestle and Danone touting their healthier wares. But the CAGNY conference had a new cast of characters getting in on the act, showcasing their ...
Hershey shares fell 2.5% in New York trading ... than competitors such as Mondelez International Inc., Mars Inc. and Nestle SA. Nestle has a wider range of products spanning from dairy to coffee ...
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