CHICAGO and HERSHEY, Pa. — The Hershey Co. 's main controlling owner, Hershey Trust Co., rejected Mondelēz International Inc.

BofA Securities and other experts weighed in on Wednesday with thoughts on the breakdown in merger talks between The Hershey Co. and Mondelez International.

Fintel reports that on December 12, 2024, Wells Fargo downgraded their outlook for Hershey (NYSE:HSY) from Equal-Weight to ...

U.S. banking powerhouse JPMorgan Chase on Thursday announced the election of Hershey's CEO Michele Buck to its board, ...

The Hershey Trust has rejected Mondelēz International’s second attempt to acquire confectionery giant Hershey, citing the ...

Wells Fargo downgraded Hershey (HSY) to Underweight from Equal Weight with a price target of $160, down from $175. The firm says Hershey “is on ...

Mondelez International Inc. approved a stock repurchase authorization of as much as $9 billion amid a setback in its talks to ...

The main controlling owner of Hershey Co. has reportedly turned down Mondelez International Inc.’s preliminary takeover offer ...

The Chicago-based snack maker is reportedly exploring an acquisition of the iconic chocolate company. It's not the first time ...

What Else: Today, Mondelez announced a $9 billion share repurchase program. The share repurchase authorization will begin Jan ...

Mondelez has outlined plans for a $9bn buyback programme amid speculation linking the Cadbury owner to fresh interest in Hershey.

Hershey shares fell as traders digested updates suggesting that it was unlikely to merge with Mondelēz International.