Author Topic: Hershey buys ONE Bars for nearly $400 million  (Read 1815 times)

Ron

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Hershey buys ONE Bars for nearly $400 million
« on: August 27, 2019, 05:11:09 PM »
Hershey buys maker of sweet nutrition bars for nearly $400 million

The Hershey Co. HSY, +0.21% plans to buy a maker of sweet nutrition bars for nearly $400 million, as food companies continue to target healthier snacks that provide protein. Hershey announced Tuesday afternoon that it plans to acquire One Brands LLC, which makes nutrition bars with sweet flavors such as blueberry cobbler, cinnamon roll and birthday cake. "Our beloved confection brands will continue to be the engine that drives our business while we broaden our better-for-you portfolio, offering more snacking choices for more consumers," Hershey's chief growth officer, Mary Beth West, said in a statement. The move comes less than a week after Quest Nutrition LLC, which also specializes in snack bars containing protein, was acquired for about $1 billion.


https://www.marketwatch.com/story/hershey-buys-maker-of-sweet-nutrition-bars-for-nearly-400-million-2019-08-27?mod=hp_investing



Marty Champions

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Re: Hershey buys ONE Bars for nearly $400 million
« Reply #1 on: August 27, 2019, 06:57:34 PM »
Nothing beats a clif builder bar

Or a

Lenny n larry cookie
A

jephrius

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Re: Hershey buys ONE Bars for nearly $400 million
« Reply #2 on: August 27, 2019, 07:12:28 PM »
Nothing beats a clif builder bar

Or a

Lenny n larry cookie

Oreos kick their ass

2ND COMING

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Re: Hershey buys ONE Bars for nearly $400 million
« Reply #3 on: August 27, 2019, 07:40:08 PM »
k

Matt

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Re: Hershey buys ONE Bars for nearly $400 million
« Reply #4 on: August 27, 2019, 09:42:38 PM »
Nothing beats a clif builder bar

Or a

Lenny n larry cookie


Big Lenny?

FitnessFrenzy

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Re: Hershey buys ONE Bars for nearly $400 million
« Reply #5 on: August 27, 2019, 10:16:34 PM »
smart of them to expand into the fitness teritory

Kwon

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Re: Hershey buys ONE Bars for nearly $400 million
« Reply #6 on: August 28, 2019, 01:08:52 AM »
Wonder how much money Hershey has at their disposal.


Spending 400 mill USD just like that.
Q

dan18

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Re: Hershey buys ONE Bars for nearly $400 million
« Reply #7 on: August 28, 2019, 05:05:41 AM »
Wonder how much money Hershey has at their disposal.


Spending 400 mill USD just like that.
Its not usually up front they will give them stock as well instead of cash and max them out
p

Kwon

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Re: Hershey buys ONE Bars for nearly $400 million
« Reply #8 on: August 28, 2019, 06:13:50 AM »
Its not usually up front they will give them stock as well instead of cash and max them out

Ok, thanks.


How much are they worth anyways? (Hershey company)
Q

dan18

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Re: Hershey buys ONE Bars for nearly $400 million
« Reply #9 on: August 28, 2019, 06:16:08 AM »
Ok, thanks.


How much are they worth anyways? (Hershey company)
Hershey net worth as of August 16, 2019 is $32.59B
p

dan18

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Re: Hershey buys ONE Bars for nearly $400 million
« Reply #10 on: August 28, 2019, 06:21:43 AM »
For those who get the history channel check this show out the one on Milton Hershey was great if you have ON DEMAND you can watch it anytime

The Food That Built America - history.com


https://www.history.com/shows/the-food-that-built-america

For generations of Americans, food titans like Henry Heinz, Milton Hershey, John and Will Kellogg, C.W. Post and the McDonald brothers
p

Kwon

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Re: Hershey buys ONE Bars for nearly $400 million
« Reply #11 on: August 28, 2019, 06:22:28 AM »
Hershey net worth as of August 16, 2019 is $32.59B

Yikes!

And they made all that on Hershey bars?
Q

dan18

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Re: Hershey buys ONE Bars for nearly $400 million
« Reply #12 on: August 28, 2019, 06:42:22 AM »
Yikes!

And they made all that on Hershey bars?
watch the show on the history channel he sold his chocolate to others as well he was one of the few stand up guys of his time during the recession in the 1900s he never laid off a single employee he may have reduced work hours but no one lost a job when other companies laid off employees he refused to do so..
p

Kwon

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Re: Hershey buys ONE Bars for nearly $400 million
« Reply #13 on: August 28, 2019, 07:02:57 AM »
watch the show on the history channel he sold his chocolate to others as well he was one of the few stand up guys of his time during the recession in the 1900s he never laid off a single employee he may have reduced work hours but no one lost a job when other companies laid off employees he refused to do so..

Will check


Sounds like he had some good principles.
Q

dan18

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Re: Hershey buys ONE Bars for nearly $400 million
« Reply #14 on: August 28, 2019, 07:17:08 AM »
Will check


Sounds like he had some good principles.
You have to be a fan of history I love all  history take away all of life's conveniences that we have today people would fall apart too know where we began and how we evolved out of nessesity and a need is truly amazing from beating rock together to where we are now. I also like anything related to space and oceanography
p

anvil

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Re: Hershey buys ONE Bars for nearly $400 million
« Reply #15 on: August 28, 2019, 08:16:19 AM »
You have to be a fan of history I love all  history take away all of life's conveniences that we have today people would fall apart too know where we began and how we evolved out of nessesity and a need is truly amazing from beating rock together to where we are now. I also like anything related to space and oceanography

But you DON'T like punctuation hahahahahaaaa!


I kid, you know we love you Dan.  Figured I'd have to say something since kiwiol doesn't post anymore to give you a hard time  :D

dan18

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Re: Hershey buys ONE Bars for nearly $400 million
« Reply #16 on: August 28, 2019, 09:31:51 AM »
But you DON'T like punctuation hahahahahaaaa!


I kid, you know we love you Dan.  Figured I'd have to say something since kiwiol doesn't post anymore to give you a hard time  :D
punctuations what are those? Im not aware of such things, can you please enlighten me to these punctuations you speak of. ;D
p

Kwon

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Re: Hershey buys ONE Bars for nearly $400 million
« Reply #17 on: August 28, 2019, 03:52:06 PM »
This will be good for the supplementindustry.
Q

Dave D

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Re: Another big sale in the supplement industry
« Reply #18 on: August 28, 2019, 04:11:00 PM »
First ive heard of this.

Do you have a credible source or at least confirm with Ron?

Skeletor

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Re: Another big sale in the supplement industry
« Reply #19 on: August 28, 2019, 04:15:06 PM »



Tapeworm

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Re: Another big sale in the supplement industry
« Reply #20 on: August 28, 2019, 04:25:13 PM »
You come in here with these crackpot conspiracies. One Quest's butternut pumpkin and marshmallow candied pecan smash never got more than a half a star from Gene Wonder. The merger will fail and earthquakes will consume the state of Pennsylvania, so tell your friend. Also locusts.