Hershey to Buy Two Pretzel Brands for $1.2B - NewsBreak
By Merima in Business
Updated 2 years ago
The Hershey Company (HSY) announced its intent to buy Dot's Pretzels LLC and Pretzels Inc. for a total consideration of about $1.2 billion. The acquisitions are aimed at expanding the snacking portfolio and manufacturing capabilities of the world's largest chocolate manufacturer and confectionary maker. Following the news, shares rose 1.9% to...
