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Mars Buys Wrigley, With Assist From Buffett

Proposed purchase could push Hershey into merger to compete

By Jim O'Neill,  Newser User

Posted Apr 28, 2008 8:05 AM CDT

(Newser) – M&Ms-maker Mars, backed by Warren Buffett, has made a deal to buy Wm. Wrigley Jr. Co. for about $23 billion, reports the New York Times. The acquisition is likely to force other candy makers like Hershey and Cadbury Schweppes into mergers to maintain market...   Read full story »

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