Hershey's Trust Rejects Mondelez's Buyout Bid. What Investors Need to Know.
In mid-December, some Hershey (HSY -0.74%) investors might have thought their Christmas was coming early. A media report stated that a deep-pocketed suitor had made a preliminary offer to buy out the company.
Here's Why Hershey (HSY) Gained But Lagged the Market Today
Hershey (HSY) closed the most recent trading day at $170.26, moving +0.78% from the previous trading session.
Why Was Hershey Stock on a Roller Coaster Ride Last Week?
When you buy a stock, you buy an ownership stake in a business. It might be a small stake for most people, but with sufficient resources, it's possible to buy enough shares to actually control the entire company.
Why Hershey Stock Has More Room to Run Despite Takeover Rejection
The start of December 2024 brought a story that some investors were already expecting to see, just not in the way that it happened. Despite rising cocoa prices and a seeming disinterest in consumer staples stocks, shares of Hershey Co. NYSE: HSY rallied on some unexpected news.
3 Reasons to Buy Hershey Stock Like There's No Tomorrow
Hershey (HSY -0.46%) is in the headlines because Mondelez (MDLZ -1.12%) is rumored to have made (another) offer to buy the company. Hershey stock rose sharply on that news, but don't get your hopes up.
US banking giant JPMorgan elects Hershey CEO Michele Buck to board
U.S. banking powerhouse JPMorgan Chase on Thursday announced the election of Hershey's CEO Michele Buck to its board, effective March 17.
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 upside for Hershey ahead, how an incoming Trump administration may impact the stock, and more.
Hershey's Main Owner Said to Reject Mondelez Offer
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. Liana Baker has more on Bloomberg Television.
Traders sour on Hershey as Mondelēz appears cool to potential merger
Hershey (HSY) shares fell Wednesday as traders absorbed news that the candy giant might be less likely to merge with Mondelēz than first thought.
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.
Hershey Stock Falls. Mondelez Hints Deal for Chocolate Maker Doesn't Fit Its Strategy.
A report earlier this week said Mondelez had made a preliminary merger approach to the U.S. chocolate maker.
Mondelez says to focus on bolt-on deals amid report of deal talks with Hershey
Cadbury-owner Mondelez said on Wednesday it would focus on "bolt-on" deals as it announced an up to $9 billion share buyback program.
