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Hershey Stocks Soar As Rumors Swirl About Possible Mondelez Buy Out Hershey Stocks Soar As Rumors Swirl About Possible Mondelez Buy Out
Hershey Stocks Soar As Rumors Swirl About Possible Mondelez Buy Out Mondelez International, the company behind brands like Oreo and Cadbury, is reportedly considering acquiring The Hershey Company, a move that could create one of the world's largest confectionery firms, according to multiple outlets and first reported by Bloomberg. Preliminary discussions have taken place, but there's no certainty that a deal will be finalized. This news led to a significant surge in Hershey's stock price, which rose approximately 13% to $199.52 on Monday, Benzinga reported. In contrast, Mondelez's shares experienced a decline of about 4%, Reuters explained. It's importa…

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by Jillian Pikora
Business
Bed Bath & Beyond Closures Include Four Pennsylvania Locations Bed Bath & Beyond Closures Include Four Pennsylvania Locations
Bed Bath & Beyond Closures Include Four Pennsylvania Locations Four Bed Bath & Beyond stores across Pennsylvania are among 87 locations scheduled to close in 2023, the struggling retailer announced. That brings the total number of Bed Bath & Beyond locations scheduled to close to at least 162 announced since September 2022. A spokesperson told Axios that the latest round of closures will include all of the company's Harmon beauty shops, as well as five Buy Buy Baby locations. The following locations in Pennsylvania are set to close in 2023: Bethel Park, 1700 Oxford Drive North Wales, 1261 Knapp Road Pittsburgh, 160 Quinn Drive  Mon…

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by Cecilia Levine