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Hershey Trust rejected Mondelez offer
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., people familiar with the matter said, potentially ending a fresh pursuit that would’ve created a food giant with combined sales of almost $50 billion.
Hershey rejects takeover offer from Mondelez International
Pete Hegseth, President-elect Donald Trump’s pick for secretary of defense, has repeatedly criticized policies allowing gay people to serve openly in the US military, calling them part of a “Marxist” agenda to prioritize social justice over combat readiness.
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.
Wells Fargo, Hershey and Equal Weight
Hershey cut to underweight at Wells Fargo on earnings risk
Hershey (HSY) stock drops 0.6% in premarket as Wells Fargo downgrades to underweight citing earnings risk for the chocolate maker.
Hershey downgraded to Underweight from Equal Weight at Wells Fargo
Wells Fargo downgraded Hershey (HSY) to Underweight from Equal Weight with a price target of $160, down from $175.Pick the best stocks and
Blackstone downgraded to Equal Weight from Overweight at Wells Fargo
Wells Fargo downgraded Blackstone (BX) to Equal Weight from Overweight with a price target of $195, up from $188. Published first on TheFly – the
Hershey falls
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
Mondelez says to focus on 'bolt-on' deals amid report of Hershey buyout talks
Mondelez said on Wednesday it would focus on "bolt-on" deals days after a report that the Cadbury parent was exploring the acquisition of Hershey. Hershey shares, which surged as much as 19% on Monday following Bloomberg's report that Mondelez had made a preliminary approach about a possible combination with the company,
Hershey falls after Mondelez says focused on ‘bolt-on’ deals
Shares of Hershey (HSY) are moving lower after Mondelez (MDLZ) approved a new share repurchase authorization of up to $9B and said it remains
17m
on MSN
JPMorgan Chase names Hershey CEO to board
JPMorgan Chase (NYSE:JPM) named Michele G. Buck, Hershey Co.'s (HSY) chairman, president, and CEO, to its board, the bank ...
1h
on MSN
I see 'no downside' for Hershey as they await turnaround, says MAI Capital's Chris Grisanti
Chris Grisanti, MAI Capital Management chief equity strategist, joins CNBC's 'Power Lunch' to discuss why there is potential ...
Food
7h
Hershey rejects Mondelēz’s acquisition bid
The Hershey Trust has rejected Mondelēz International’s second attempt to acquire confectionery giant Hershey, citing the ...
1d
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 ...
LancasterOnline
7h
Hershey Theatre to close for much of 2025; here's why
The Hershey Theatre, which hosts concerts, comedians and Broadway tour shows, will close for an extended period of time ...
Crain's Chicago Business
1d
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 ...
2d
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 ...
Penn Live
13h
Celebrate Christmas with Leslie Odom Jr. in Hershey: Where to buy tickets
Actor, singer and Broadway star Leslie Odom Jr. will be in
Hershey
next week. The entertainer, who portrayed Aaron Burr in ...
abc27
18m
Harrisburg man who trafficked over 2,200 lbs of pot, hired gunmen sentenced
A Harrisburg man who trafficked thousands of pounds of marijuana along with hiring gunmen to protect the drugs from being stolen was sentenced Wednesday. Christopher ...
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