Galbo made similar observations on the price of cocoa and highlighted Hershey as an attractive ... North American market share and modernized manufacturing network. Galbo also noted that self ...

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.

The principal shareholder of the Hershey Company rejected Mondelez International, Inc.’s preliminary takeover bid, according to Bloomberg. Quoting anonymous sources familiar with the matter ...

Mondelez International Inc.’s latest overture to Hershey Co. underscores the challenges posed by sky-high cocoa prices and penny-pinching consumers, which could make the chocolate company more ...

(Reuters) - 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 ...