Quote:
"The company’s(Hershey) Board of Directors, after receiving input from the company’s management and its outside financial and legal advisors, carefully evaluated the indication of interest. Following this review, the Board of Directors of the Company unanimously rejected the indication of interest and determined that it provided no basis for further discussion between Mondelez and the company,"
Quote:
sources said Mondelez said it would protect Pennsylvania jobs, relocate its own headquarters to Dauphin County and adopt Hershey's name for the unified firm.
So they are trying to get the Hershey name? What is the motive here? Mondelez cannot be believed. It gave similar assurances to Cadbury and broke them immediately. Secondly, anti-trust considerations will be invoked.
Sign of desperation about by Mondelez CEO. Needs to go! I really liked how Hershey's said F* you!
"The company’s(Hershey) Board of Directors, after receiving input from the company’s management and its outside financial and legal advisors, carefully evaluated the indication of interest. Following this review, the Board of Directors of the Company unanimously rejected the indication of interest and determined that it provided no basis for further discussion between Mondelez and the company,"
Quote:
sources said Mondelez said it would protect Pennsylvania jobs, relocate its own headquarters to Dauphin County and adopt Hershey's name for the unified firm.
So they are trying to get the Hershey name? What is the motive here? Mondelez cannot be believed. It gave similar assurances to Cadbury and broke them immediately. Secondly, anti-trust considerations will be invoked.
Sign of desperation about by Mondelez CEO. Needs to go! I really liked how Hershey's said F* you!