Mondelez declined to comment on what it called “market rumors and speculation,” while Hershey didn’t respond to a request for ...

In fact, Mondelez has made an offer before, back in 2016. The problem here is that The Hershey Foundation, a not-for-profit ...

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

ARLINGTON, Va. – The Washington Capitals have loaned forward Hendrix Lapierre to the Hershey Bears of the American Hockey ...

The trust has approximately 80% of the company's voting power, said the report. Sweets and snacks company Mondelēz ...

The Hershey Company (HSY), headquartered in Hershey, Pennsylvania, manufactures and sells confectionery products and pantry ...

Hershey Trust Co., which has roughly 80% of the voting power at the company, turned down the bid as too low, said the people, who declined to be identified because discussions are private.

“Hershey brings strong operational capabilities and great brands, making this a compelling opportunity for Mondelez,” Kenworthy told CNN. In addition to enhancing Mondelez’s purchasing power ...

Mondelez, like Hershey, owns top-tier brands that provide it with pricing power (compared to weaker brands) and an international footprint that benefits from elevated demand growth in emerging ...

the Hershey Trust, rejected Mondelez's (MDLZ) preliminary offer as too low. The philanthropic trust, which has ~80% of the voting power at the chocolate maker, rejected the Mondelez (MDLZ ...