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Citi Analysts Dubious Of Hershey Takeover Rumors
Wednesday, June 15, 2016 - 12:26pm | 530Citi dismissed the recent takeover rumors of Hershey Co (NYSE: HSY) by Nestle SA (ADR) (OTC: NSRGY), saying it is "unlikely" due to the unique company specific factors, mainly the control of the Hershey Trust and Pennsylvania law. However, Citi sees see other companies such as Kellogg Company (NYSE...