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Strategies & Market Trends : Speculating in Takeover Targets
CTG 8.525-2.5%3:19 PM EDT

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To: richardred who wrote (4560)1/16/2018 1:14:26 PM
From: richardred  Read Replies (1) of 6272
 
Hershey and Ferrero compete for Nestle's US candy business


    Nestle's sale of its U.S. candy business received bids from Hershey, Ferrero, sources tell CNBC
  • Nestle said in June it would explore strategic options, including a possible sale, for its U.S. chocolate and candy business that is said to be valued at $2 billion to $2.5 billion
  • Brands up for sale include Butterfinger, Baby Ruth, Sno-Caps and Laffy Taffy


cnbc.com

P.S. Humm Just about the size of B&G foods market cap. Nestles sure would have the muscle to give Green Giant a boost in their frozen foods & spice up other brands. Hypothetically JVA an experimental sip IMO.



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