- Associated Press - Thursday, June 30, 2016

NEW YORK (AP) - Hershey rejected a $22.3 billion takeover bid Thursday that would have brought together some of the best-known cookie and chocolate brands under one company. Its wooer is Mondelez, which was spun off from Kraft in 2012.

Here’s a look at the two companies:

MONDELEZ INTERNATIONAL INC.

BRANDS: Oreo and Chips Ahoy cookies, Cadbury and Toblerone chocolates, Ritz and Triscuit crackers, Trident and Stride gum.

EMPLOYEES: About 99,000 at the end of last year.

HEADQUARTERS: Deerfield, Illinois

THE HERSHEY CO.

BRANDS: Hershey’s Kisses, Reese’s Peanut Butter Cups, Ice Breakers mints, Jolly Rancher and Twizzlers candies, Krave beef jerky.

EMPLOYEES: About 20,700 at the end of last year.

HEADQUARTERS: Hershey, Pennsylvania

LOAD COMMENTS ()

 

Click to Read More

Click to Hide