Mondelez Hershey Merger

Mondelez International Inc (NASDAQ: MDLZ) is hoping that hundreds of millions of consumers across the world have a sweet tooth for chocolate. In a research report Thursday, Robert Moskow of Credit Suisse noted Mondelez announced during a presentation to investors it plans on expanding its presence...

Shares of Hershey Co (NYSE: HSY) soared higher Thursday morning to a new 52-week high of $117.79 and was trading higher by nearly 20 percent following a report that Mondelez International Inc (NASDAQ: MDLZ) presented a takeover bid. The Wall Street Journal, citing "people familiar with the...