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Hershey, Mondelez
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.
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
Opinion
Hershey Takeover Is Worth the Risk for Oreo-Maker Mondelez
An acquisition of Hershey Co. would mark the pinnacle of confectionary deal making. It would also be one of the sector’s most challenging takeovers to pull off. For aspiring suitor Mondelez International Inc., the risk of an embarrassing failure is worth taking.
18h
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 ...
Crain's Chicago Business
8h
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 ...
13h
Mondelez International: Strong Buy Rating Backed by Strategic Initiatives and Significant Upside Potential
Analyst Thomas Palmer of Citi maintained a Buy rating on Mondelez International (MDLZ – Research Report), retaining the price target of ...
1d
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 ...
1d
Mondelez International Inc. Cl A stock outperforms competitors on strong trading day
The stock's rise snapped a five-day losing streak.
16h
Mondelez approves new $9B share repurchase authorization
The Board of Directors of Mondelez International approved a new share repurchase authorization of up to $9 billion of Class A common stock, effective January 1, 2025. The new auth ...
1d
on MSN
Hershey Shareholders Shouldn’t Count on a Mondelez Jackpot
Hershey stock has outperformed Mondelez since that last offer was rejected, posting a total return including divide ...
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 ...
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