Hershey Trust Co., the majority shareholder of Hershey Co., has rejected an offer from Mondelez International Inc., an American snack and confectionery company, to acquire chocolate manufacturer ...

Initiating coverage of Mondelez with a sell rating due to underperformance, overvaluation, and lack of a viable growth plan. The recent $9 billion share buyback and failed Hershey acquisition ...

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 ...

(Bloomberg) -- Executives from Hershey Co. and Mondelez International Inc. signaled more price increases may be coming as the chocolate makers navigate a sustained rise in cocoa prices. “We have taken ...

It's not the first time Mondelez has tried to acquire Hershey. Mondelez is exploring an acquisition of iconic chocolate maker Hershey, in a potential deal that would create a food giant with ...

Valued at a market cap of $85.8 billion, Mondelez International ... Nevertheless, MDLZ has outperformed its rival, The Hershey Company (HSY), which experienced a 4.5% YTD rise and a 5.6% ...