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Keyword: richardlenny

Hershey Foods may be up for sale

07/25/2002 8:20:23 AM PDT · by GeneD · 21 replies · 966+ views
Wall Street Journal via MSNBC.com ^ | 7/25/02 | Shelly Branch, Sarah Ellison and Gordon Fairclough

July 25 — There may be a big deal stirring in candy land. The trust that controls Hershey Foods Co., an American icon that is the nation’s largest candy and chocolate maker, is exploring a sale of the company, it said in a press release Thursday. Sources familiar with the matter said such a deal could fetch more than $10 billion. For years, the storied company has been a bystander during a food-industry consolidation, widely regarded as untouchable because of the trust’s loyalty to its mission and its hometown of Hershey, Pa. But now tumult in the corporate world has...

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