Processing, Trends

Hershey goes beyond chocolate with acquisition of Tyrrell’s potato chips, SkinnyPop

Hershey Co. is expanding further beyond chocolate, agreeing to buy the owner of SkinnyPop popcorn and Tyrrell’s potato chips for $921 million. The U.S. candy giant agreed to buy Amplify Snack Brands Inc. for $12 a share, a 71 percent premium to Friday’s closing price. The company has about $600 million in debt and has seen its stock value dive since[Read More...]

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