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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
2d
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
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.
3d
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 ...
2d
Mondelez Has Plenty of Reasons to Try Again to Buy Hershey
Mondelez International Inc.’s latest overture for Hershey Co. underscores the challenges posed by sky-high cocoa prices and ...
4d
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 ...
4d
Why Hershey Stock Soared Today
Back in 2016, Mondelez tried to buy Hershey for $23 billion. Hershey rejected the offer and it's arguably been a good ...
WGAL
2d
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.
3d
on MSN
Should Mondelez Take Over Hershey? Not All of Wall Street Is Sweet on the Idea.
Mondelez and Hershey—could significantly reshape the industry. Wall Street is scrambling to assess the probability of the ...
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