Marketplace®

Daily business news and economic stories

How Hershey’s unusual corporate structure deters takeovers

Just in time for Halloween’s candy splurge-fest, the Hershey Company is releasing its latest earnings report today. The company was in the news this summer after rival Mondelez attempted an ultimately unsuccessful $23 billion takeover bid. Hershey’s unusual structure, in which the majority of shares are held by a trust which oversees a local nonprofit […]

How Hershey’s unusual corporate structure deters takeovers
Scott Olson/Getty Images

Just in time for Halloween’s candy splurge-fest, the Hershey Company is releasing its latest earnings report today. The company was in the news this summer after rival Mondelez attempted an ultimately unsuccessful $23 billion takeover bid. Hershey’s unusual structure, in which the majority of shares are held by a trust which oversees a local nonprofit school, was widely seen as a reason for the deal’s failure. We look at the company’s current status, and what the future holds in a sector where consumer taste is changing rapidly.

Related Topics

Latest Episodes

View All Shows
  • Marketplace
    2 days ago
    25:48
  • Make Me Smart
    2 days ago
    24:33
  • Marketplace Morning Report
    2 days ago
    6:48
  • Marketplace Tech
    2 days ago
    10:08
  • This Is Uncomfortable
    6 days ago
    4:41
  • Million Bazillion
    a month ago
    32:45