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Popcorn Brand LesserEvil Considers Sale Valued at $1 Billion
In a significant move that could reshape the snacking industry, the popular popcorn brand, LesserEvil, is reportedly contemplating a sale, with estimates placing the company's valuation at around $1 billion. This development has sparked interest among potential buyers looking to capitalize on the brand’s reputation for healthier snacks in an increasingly health-conscious market.
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Mondelez Greenlights Massive $9 Billion Stock Buyback Following Hershey Acquisition Reports
In a strategic financial move that underscores the confidence in its market position, Mondelez International has approved a substantial $9 billion stock buyback program. This decision comes on the heels of heightened speculation surrounding potential acquisitions in the snack foods segment, particularly a significant interest in Hershey, one of the leading chocolate manufacturers in the United States.
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