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The trust was created in 1909 by a deed of trust from Milton and Catherine Hershey, granting 486 acres (197 ha) of land in Hershey for the establishment of the Milton Hershey School. [ 22 ] [ 23 ] In 1918, Milton Hershey quietly donated to the trust the bulk of his fortune, $60 million of stock in Hershey Chocolate Company (now the Hershey ...
One important but often overlooked key is the company's relationship with The Hershey Trust, which basically controls all of Hershey's super-voting class B stock. That gives the charitable trust a ...
The Hershey Trust is a philanthropic organization that controls nearly all of Hershey's class B shares. The B shares have super-voting powers, so The Hershey Trust effectively controls Hershey the ...
On top of that, I also like that The Hershey Trust controls most of the voting rights at the company. This not-for-profit uses the dividends it collects from Hershey to fund its philanthropic efforts.
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Pages in category "Hershey Trust Company" The following 79 pages are in this category, out of 79 total. This list may not reflect recent changes. B. Michelle Buck; C.
To quote the Hershey Trust Company: "Today, Hershey Trust Company stands alone as being the same company doing business in the same town for one hundred years. And their unique ownership structure ...
In 2016, Hershey rebuffed a $23 billion bid from Mondelez. All offers have to be approved by the Hershey Trust, the shareholder that owns the vast majority of the candy giant’s votes and has ...