Wednesday, August 31, 2016

Hershey Co. (HSY) Sank After Mondelez Called Off Merger Discussions

Mondelez International Inc. (MDLZ) announced after the bell Monday that it has put an end to discussions with Hershey Co. (HSY) regarding a possible combination of the two companies. Chairman and CEO Irene Rosenfeld stated "we determined that there is no actionable path forward toward an agreement."

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