Trust Chairman Says Hershey not for Sale

摘要

Between the ongoing acquisition of Wm Wrigley Jr. Co. by Mars Inc. and its own late-2007 management housecleaning, speculation has been rampant that Hershey Co. is ripe for sale. But the chairman of the Hershey Trust, in a personal column in the Har-risburg (Pa.) Patriot-News, said the company is not for sale although changes are coming. "Rarely a day goes by that I don't read someone, somewhere speculating exactly what the Hershey Trust will or won't do in exercising its controlling interest in The Hershey Co.," wrote Leroy Zimmerman, chairman of the boards of the Hershey Trust and Milton Hershey School. The Hershey Trust controls 78 percent of the voting stock in the company.