Tuesday, August 16, 2005

Oh...NOOOOOO!


Not Joseph Schmidt, too....

Hershey Company, the nation's largest candy company, on Monday said it acquired a premium chocolate maker
Joseph Schmidt Confections Inc. and completed its purchase of Scharffen Berger Chocolate Maker Inc.

The combined purchase price for deals is valued at between $46.6 million and $61.1 million, with the final amount reflecting actual sales growth through 2007, Hershey said. Together, the companies have combined annual sales of about $25 million. -
AP

3 comments:

  1. I hope they don't ruin these companies =(

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  2. Good Lord...first Scharffenberger (sp) and now this? I can't see Hershey wanting to appeal to the niche chocolate market and have visions of both S's being sugared-up and wrapped in little foils.

    Jesus wept.

    ReplyDelete
  3. there goes the neighborhood...

    ReplyDelete