Hershey's main controlling owner has rejected Mondelez International's preliminary takeover offer, terming it as too low, Bloomberg News reported on Wednesday, citing people familiar with the matter.
Mondelez International Inc. Cl A closed $20.95 below its 52-week high ($77.20), which the company reached on February 2nd.
Mondelez International Inc. Cl A closed $18.91 below its 52-week high ($77.20), which the company achieved on February 2nd.
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