Hershey's Said to Snub Mondelez Offer

The transcript discusses Hershey's control over its ownership and its resistance to takeover bids, referencing past rejections of offers. It speculates on the potential for future bidding if the Hershey Trust shows interest. The challenges Hershey faces, such as rising cocoa prices, are highlighted, along with the aggressive M&A activities of competitors like Mars. The transcript concludes with Mondelez's strategy of focusing on smaller acquisitions.

Who is the ultimate decision-maker regarding Hershey's potential takeover?

• Mondelez

• The Hershey Trust

• The CEO of Hershey

• Mars

What could potentially change Hershey's stance on being acquired?

• A new CEO taking over

• A significant drop in stock prices

• Pressure from competitors

• The Hershey Trust expressing openness to offers

What is one of the main challenges currently faced by Hershey?

• Excessive competition from small businesses

• Decreasing demand for chocolate

• Rising cocoa prices

• Lack of leadership

Which company recently made a significant acquisition involving Kellanova?

• Nestle

• Mars

• Mondelez

• Hershey

What strategy is Mondelez currently focusing on?

• Bolt-on acquisitions

• Divesting assets

• Entering new markets

• Large-scale mergers