To: Dixie Yooper
It was Republican Attorney General Mike Fisher (who lost to Rendell for governor in '02) who stepped in to stop the Hershey Trust from selling the shares it owned (I think 77% of the company) to Nestle. The company didn't want to sell, it was the Trust, which runs the Hershey School, that wanted to diversify its holdings.
10 posted on
02/16/2007 7:18:35 AM PST by
mak5
To: mak5
The company didn't want to sell, it was the Trust, which runs the Hershey School, that wanted to diversify its holdings. Then it must be the Trust that wants to make more money by moving to Mexico to hire legal Mexican citizens to make it's chocolate.
12 posted on
02/16/2007 7:35:09 AM PST by
Dixie Yooper
(Ephesians 6:11)
To: mak5
The company didn't want to sell, it was the Trust, which runs the Hershey School, that wanted to diversify its holdings.
The Hershey Trust--which is worth over $6 billion--owns not just the school, but 30% of the candy company and 100% of the amusement park and related ventures like the Hershey Bears hockey team and Hotel Hershey. The Milton Hershey school is a very impressive place--having a few billion bucks to play with will do that.
17 posted on
02/16/2007 7:58:59 AM PST by
drjimmy
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