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Post# of 648882
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MiamiGent

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MiamiGent

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Thursday, 06/30/2016 11:40:01 AM

Thursday, June 30, 2016 11:40:01 AM

Post# of 648882
MDLZ HSY Mondelez Has Made Takeover Bid for Hershey, Seeking Tie-Up of Candy Giants

http://stockcharts.com/h-sc/ui?s=MDLZ

http://stockcharts.com/h-sc/ui?s=HSY

WSJ
Mondelez International made a bid to buy chocolate giant Hershey in what would be a blockbuster deal uniting two of the world's best-known candy makers.
Mondelez, which makes Cadbury chocolate bars and Oreo cookies, has recently sent a letter to Hershey proposing the tie-up, according to people familiar with the matter. Proposed terms couldn't be learned, but Hershey had a $21 billion market value Thursday morning, meaning a deal could value the maker of Hershey Kisses and chocolate bars at well over that amount. Mondelez had a $69 billion market value.
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