Mondelez Abandons Hershey Talks Two Months After Bid Snubbed

  • Hershey Trust seen as obstacle to takeover of chocolate maker
  • Mondelez says it saw ‘no actionable path forward’ toward deal

Mondelez Walks Away From Takeover Talks With Hershey

Mondelez International Inc. is walking away from takeover discussions with Hershey Co. two months after its $23 billion bid was rejected by the chocolate maker.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.