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Failed deal reinforces Hershey's image as a company not for sale

Published Tue, Aug 30, 2016 · 09:50 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

New York

THE latest failed acquisition of Hershey Co has renewed the chocolate maker's reputation as a company that can't be bought.

After Mondelez International Inc abandoned merger discussions on Monday, Hershey shares plunged as much as 12 per cent and left investors with a familiar taste.

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