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To: MojoWire
It was only 5 years ago that Hershey tried to sell it's holdings to Nestle. The state stepped and stopped the transaction from taking place. The state must have forgotten to make sure Hershey could not operate as a private business and make decisions to maximize earnings.
6 posted on 02/16/2007 7:10:52 AM PST by Dixie Yooper (Ephesians 6:11)
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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
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