Chocolate Wars: Snack Food Giant Mondelez Makes Move To Grab Hershey

Hershey Kisses might soon be part of the snack food lineup by the maker of Oreos and Cadbury eggs, according to multiple reports.

Hershey could soon be under the Mondelez snack food umbrella.
Photo Credit: *Cindy Capitani Stock*

Cindy Capitani

06/30/2016 9:00 a.m.

Snack food giant Mondelez, headquartered in Hanover, N.J., is in a takeover bid to add Hershey to its family of products, according to the Wall Street Journal.

Hershey's $21 billion market value Thursday morning is spiking on the news, according to the Wall Street Journal.

The deal is contingent on the Hershey Trust's 81 percent voting power being in favor of the deal, according to the Wall Street Journal.

Click here for the story on Wall Street Journal.

Click here to follow Daily Voice White Plains and receive free news updates.