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FILE PHOTO OF HERSHEY FACTORY SMOKESTACKS IN PENNSYLVANIA, 2002-08-26 (photo)

IMAGE number
REU7984964
Image title
FILE PHOTO OF HERSHEY FACTORY SMOKESTACKS IN PENNSYLVANIA, 2002-08-26 (photo)
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Photographer
Rose Prouser
Medium
photograph
Date
2002 AD (C21st AD)
Shooting Date
2002-08-26
Image description

File photo of the exterior and smokestacks of the Hershey Chocolate Company in Hershey, Pennsylvania, in June 2002. Swiss food giant Nestle SA is offering about $11.5 billion to acquire U.S. rival Hershey Foods Corp., USA Today reported on August 26, 2002. Citing sources familiar with the offer, the newspaper said Nestle presented a preliminary bid of $82 to $85 a share, after senior executives toured Hershey factories twice last week and reviewed the candymaker's financial data. Hershey Foods stock, which traded at $62.50 per share just before news of a possible sale emerged last month, closed on Friday at $75.03, up 24 cents, on the New York Stock Exchange. REUTERS/Rose Prouser-Files FSP/GN/HB

Photo credit
REUTERS/Rose Prouser / Bridgeman Images
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