Mondelez Shifts From Hunter to Hunted After Hershey Deal Dies

  • Bid for chocolate maker was seen as defensive move by company
  • Sluggish sales growth has put pressure on the maker of Oreos

Mondelez Walks Away From Takeover Talks With Hershey

Mondelez International Inc. spent the past two months trying to coax Hershey Co. into accepting a takeover bid, a deal that would have created the world’s largest candy company.

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