USA: Senate approves bill to prevent sale of Hershey
The US Senate has approved without debate a bill that would require court involvement in any future sale of US candy maker Hershey Foods. The bill, which has now been sent to the House of Representatives, would apply to the directors of any charitable trust holding a majority stake in a publicly traded corporation, reported the Associated Press. The bill was attached as an amendment to an unrelated estates bill.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- 2017: three major drivers of M&A strategy
- Comment: Premier has more to ponder than Brexit
- The food market in 2017 - consumer trends and M&A
- just-food 2017 Survey - your thoughts on growth
- Food market in 2017: need-to-know US trends
- Premier Foods issues profit warning
- Nestle mum on Mead Johnson takeover talk
- UK's Bakkavor plays down IPO "speculation"
- Kellogg to slash 250 jobs
- Mondelez sells Vegemite to Bega