Snacks & Candy

Snacks and candy category news for the convenience store retail industry.

Has until January 23 to make offer

HERSHEY, Pa. -- Hershey, the U.S. chocolate maker, is still working on a bid for Cadbury that would top Kraft's $17 billion hostile takeover offer, a source familiar with the matter told Reuters on Wednesday. Hershey was said to have been in talks with Italian confectioner Ferrero for a combined...

Rival Cadbury bid fizzles, strengthening Kraft's position

LONDON & MILAN -- Italy's Ferrero has decided not to bid for Cadbury Plc, further strengthening the case of Kraft Foods in its $17 billion takeover bid for the British chocolatier, reported Reuters. A source close to the situation told the news agency that Ferrero would not proceed with a bid...

Kraft calls defense "underwhelming"

LONDON -- British candy maker Cadbury PLC on Tuesday stepped up its defense against a hostile takeover bid from Kraft Foods Inc. by announcing that full-year results will beat market expectations and pledging a 10% hike in dividend payments, reported the Associated Press. Cadbury said Kraft's $16.5...

Hanigan comes to candy maker from Mars Inc.
Cadbury, Hershey talk; U.K. confectioner resisting Kraft hostile takeover bid
Says already offering to much; Nestle won't pursue confectioner.
Hershey may make its own offer
Furniture stores, apparel stores among nonfood retail outlets offering candy, more
Ten last-minute Christmas gifts in c-stores
Show will feature the Chocolatey Chunk Down Home Cookie as "Snack of the Day".

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