HERSHEY, Pa. (WHTM)– The Hershey Company has rejected Mondelez International’s offer to buy out the company. The deal, which could’ve created one of the world’s largest confectioners ...

HERSHEY, Pa. — The Hershey Bears will host their annual GIANT Teddy Bear Toss this weekend. The team will battle the Providence Bruins at 3 p.m. on Sunday at GIANT Center. When Hershey scores ...

HERSHEY, Pa. (WHTM) — Happening this weekend: all aboard for the 2024 holiday train show in Hershey. Organizers say it is an extensive holiday-themed model train display complete with tracks ...

It is quite likely that when a new owner comes in, they would want to prioritize cost reduction, and it could mean losing jobs locally," Dr. Pavlo Buryi said.Legal hurdleThere's also a legal rule ...

with President and Chief Executive Michele Buck assuming oversight of the business while the Hershey, Pa., company works to identify a successor.

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.

And my most recent discovery is a new-to-me beverage that I’m now skeptically optimistic about: hot Dr Pepper. This warming drink was introduced to me through a viral video from Instagram user @ ...

If ever there was a real-world Willy Wonka, Milton Hershey undoubtedly fits the bill. But unlike the fictional chocolatier who started with a factory full of fantastical contraptions, Hershey’s ...

The Chicago-based company also addressed its M&A strategy while reports of deal discussions with Hershey swirled. In a press release, Mondelez confirmed that it remains “committed to its key ...

Mondelez wants to acquire Hershey, but it can't get past the first (challenging) hurdle. This hurdle allows Hershey's management to not worry about outsider control, and it also allows the company ...

Hershey ‘now faces long-term headwinds from the expansion of GLP-1 drugs and heightened scrutiny on unhealthy food in the U.S.,’ TD Cowen says Last Updated: Dec. 9, 2024 at 7:34 p.m. ET First ...

(Bloomberg) -- 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 ...