However, Mars' $35.9bn bet on Kellanova was a clear shot across the bow for Mondelēz, which is why many city analysts speculate the chocolate giant’s interest in The Hershey Company and its two power ...

TD Cowen analysts led by Robert Moskow, in a research note on Monday, said that Hershey faces more challenges today than in years past and that a deal would help Mondelez better compete with Mars ...

Here are three companies like Mars operating in the consumer discretionary industry. Hershey (HSY 0.14%) shares many similarities with Mars. It, too, started making chocolate and sweets as a ...

That has led to major dealmaking, including Mars recently buying Kellanova in a nearly $30 billion deal. Prior to the report, Hershey’s stock was down about 10% for the year, making it an ...

Mars’ tie-up with Kellanova has increased ... “If they did acquire Hershey, they would immediately expand distribution.” Representatives for Pennsylvania-based Hershey and Mondelez said ...