Reports suspect Hershey-Nestle merger
A Datamonitor article referred to a UK newspaper report that stated
Nestlé and The Hershey Co. are discussing a possible merger or stake
sale. TheTelegraph
article indicated that Nestlé would buy 25% of
Hershey in the near future and purchase the rest within the next two
years. Citing unidentified sources, theTelegraph’s Web site said that Hershey is
working with JPMorgan Chase & Co. on a deal in which Nestlé is
a potential buyer. A representative from Nestlé declined to comment on
the possible merger and a representative for The Hershey Co. could not
be reached.