Monday, April 28, 2008

Second Request Alert: Mars, Billionaire to invest in "Nougat" flavor chewing gum





Once again, the man with his finger on the pulse of business, David Johnstone alerted me to the from page of the Wall Street Journal:
"Mars Inc. announced Monday an agreement to acquire Wm. Wrigley Jr. Co. for about $23 billion with financial backing from Warren Buffett's Berkshire Hathaway Inc. in a deal that would remake the global confectionery landscape.

The deal, which comes to $80 a share, would unite two icons of the U.S. candy business: Wrigley, maker of the eponymous chewing gum, and Mars, the closely held company behind Snickers chocolate bars and M&M's."
Oh the summer is looking busier and busier.

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