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Gu. There's been plenty ado about this pudding's name, the phonetic version of Goût (French for "taste"), since it hit supermarket aisles in the U.K. in 2003. Now, the London-based chocolatier is up for sale for $50 million to $65 million, and all the speculation is about who will buy...
Posted on August 3, 2009 3:05 PM
Hershey Co. made a sweet profit this quarter by posting higher-than-expected results amid more competition from the combined Wm. Wrigley Jr. Co. and Mars Inc., a recession and a rise in cocoa costs.The Pennsylvania-based candy company, which is responsible for some tempting chocolate treats including Reese's Pieces, made a net...
Posted on January 27, 2009 11:30 AM
Warren Buffett has long been known for his love of investing in family-owned or family-controlled businesses. Recently he's been emphasizing a related specialty: helping to shape the sale of sizable companies with a significant family presence to bigger buyers. Consider:Anheuser-Busch Cos.' $52 billion sale to InBev SA. Though he stayed...
Posted on July 15, 2008 4:30 PM
The $23 billion Mars Inc.-Wm. Wrigley Jr. Co. deal looks likely to close, but now we know what each side would have to pay for a change of heart. According to SEC documents, it would cost Mars a $1 billion termination fee to stop the deal and Wrigley $690 million. ...
Posted on May 2, 2008 8:59 AM
Like denizens of other cities around the country, Chicagoans have been heard to express regrets as local landmark companies are bought up by out-of-town giants. As the Chicago Tribune points out, some of the company names that formerly defined the business scene in the Windy City are First Chicago, Amoco,...
Posted on April 29, 2008 5:26 PM
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Juergen Lasowski
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