Hershey Rejects Mondelez Takeover Bid
(Hershey, PA) -- Hershey is rejecting another takeover bid from Mondelez International. The Hershey Company said the recent offer from Mondelez was "too low to entertain." This is the second time the Dauphin County-based candy maker has turned down the company formerly known as Kraft Foods. Mondelez previously made a 23-billion-offer to buy Hershey in 2016.