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Hershey Media Report 8/4/16
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Biotech's Big Rally; Why Is Ackman Selling CP? - Bezek's Daily Briefing
Aug 4, 2016 | Seeking Alpha
By Ian Bezek
Brief mention of the Mondelez bid in Seeking Alpha's "Bezek's Daily Briefing." Relevant portion pasted below. -
Top Dogs (And Stocks In The Dog House) - Cramer's Mad Money (8/3/16)
Aug 4, 2016 | Seeking Alpha
By Michael Hopkins
Brief mention of the Mondelez bid in Seeking Alpha's "Cramer's Mad Money." Relevant portion pasted below. -
Jim Cramer -- Not Expecting Fireworks From Kraft Earnings
Aug 3, 2016 | The Street
By Bret Kenwell
Brief mention of the Mondelez bid. Relevant portion pasted below. -
Mad Money
Aug 3, 2016 | CNBC
View clip here: http://beta.criticalmention.com/app/#clip/view/23707134?token=dd169542-cea1-4044-bc6f-58d74fdf7bf4 -
Squawk on the Street
Aug 4, 2016 | CNBC
View clip here: http://beta.criticalmention.com/app/#clip/view/23707318?token=dd169542-cea1-4044-bc6f-58d74fdf7bf4
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Biotech's Big Rally; Why Is Ackman Selling CP? - Bezek's Daily Briefing
Aug 4, 2016 | Seeking Alpha
By Ian Bezek
On the last conference call, Ackman spent the majority of the time talking about Herbalife; it seems to be an obsession. If you're looking for cues of what Pershing Square may be working on, though, look at the proposed Hershey (NYSE:HSY) and Mondelez (NASDAQ:MDLZ) deal. Pershing Square seems to be opposed to the deal, a partner at the firm stated on that same conference call that:
We would find it unacceptable for an acquisition of Hershey by Mondelez to delay or derail the productivity and cost savings transformation that's under way at the company.
I personally oppose the merger because Hershey is a better-run firm than Mondelez. I don't want their management taking over the firm, and to that end, I hope Ackman is successful. He can have Mondelez and leave Hershey as it is.
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Top Dogs (And Stocks In The Dog House) - Cramer's Mad Money (8/3/16)
Aug 4, 2016 | Seeking Alpha
By Michael Hopkins
Viewer Calls Taken By Cramer
Hershey (NYSE:HSY): Could Mondelez (NASDAQ:MDLZ) come back with abigger offer for the candy maker? "It will not be a surprise to see a higher bid," Cramer said.
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Jim Cramer -- Not Expecting Fireworks From Kraft Earnings
Aug 3, 2016 | The Street
By Bret Kenwell
Cramer said a company like Mondelez (MDLZ) may consider buying Hershey(HSY) , as it needs growth. The M&A story for the group remains intact, he said.
Shares have struggled as of late, falling more than 6% since hitting a new 52-week high last month.
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Aug 3, 2016 | CNBC
View clip here: http://beta.criticalmention.com/app/#clip/view/23707134?token=dd169542-cea1-4044-bc6f-58d74fdf7bf4
Rough transcript: ? >> caller: hey, jim, a big boo-yah to you. >> caller: i'm a hershey shareholder and also a graduate of milton hershey school.
oh congratulations
thank you sir
do you think mondelez may be coming back with a bigger offer for hershey and do you think the changes that the Pennsylvania ag is putting on the trust to reform will have any difference in selling the company?
>> yes i do i think they will come back and i think those changes will matter. it would not surprise me if we see a higher bid and maybe even a transaction. i would hold onto hershey. i think it's a good situation. thank you for that call.
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Aug 4, 2016 | CNBC
View clip here: http://beta.criticalmention.com/app/#clip/view/23707318?token=dd169542-cea1-4044-bc6f-58d74fdf7bf4
Rough transcript: >> better than hershey which i think is in play.
>> well it's interesting you say that. i don't know if it's in play. cuz it's only one potential buyer, mondelez is not going to say much of anything for a while as the trust, the hershey trust goes through a lot of changes--
>> waiting for the attorney general state of pennsylvania to be involved in it.
>> yes, and see what you end up with on the hershey trust and maybe if you're mondelez you then come to play again.
>> i just think it is important that you shot -- remember when you killed kellogg.
>> yeah.
>> kellogg reported really -- a very good quarter in terms of costs.
>> did it.
>> once again that stock is flying.
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