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Why Hershey Rejected Mondelez's $23B Takeover Offer

Hershey snubbed a preliminary takeover offer from Mondelez International for $107 a share in cash and stock, turning down a deal that would have created the world’s largest candy company.

Hershey snubbed a preliminary takeover offer from Mondelez International for $107 a share in cash and stock, turning down a deal that would have created the world’s largest candy company. 

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