Hershey Trust to Reform Rules as Mondelez Increases Scrutiny

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  • Controversial chartity group will add term limits, pay caps
  • Trust has been seen as obstacle to takeover of Hershey Co.

Hershey Trust Co., the $12 billion charity that controls the Hershey chocolate company, reached a deal with the Pennsylvania attorney general to reform its management practices, ending an investigation into the scandal-scarred nonprofit group.

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