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Is Hershey (HSY) Too Difficult to Buy? BloombergTV Weighs In

NEW YORK (TheStreet) -- Shares of Hershey (HSY) are tumbling by 10.49% to $99.95 on Tuesday morning, after Oreo maker Mondelez (MDLZ) announced last night that it has abandoned it quest to acquire the chocolate maker.

The maker of Hershey Kisses and Reese's Peanut Butter Cups refused Mondelez's most recent takeover offer. The Hershey Trust, which controls the majority of Hershey's shareholder votes, is in the middle of a board overhaul amid...