Hershey’s Said to Snub Mondelez Offer

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The main owner of US chocolate maker Hershey Co. has rejected a preliminary takeover offer from Mondelez International Inc., potentially ending a fresh pursuit that would’ve created a food giant with combined sales of almost $50 billion. This is according to people familiar with the matter. Bloomberg News’ Liana Baker speaks with Scarlet Fu on Bloomberg Markets. (Source: Bloomberg)

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