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flag Hershey's owner rejects Mondelez's buyout offer, deeming the price too low.

flag The main owner of Hershey's has rejected a buyout offer from Mondelez International, citing the offer as too low. flag This decision comes despite Mondelez's interest in acquiring the iconic chocolate brand. flag Bloomberg News reported on the rejection, highlighting the owner's stance on the valuation of the company.

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