Monday, July 14, 2014

Kansas City Sweet Sellout: Russell Stover Bid By Lindt For More Than $1.5 Billion



Witness another Kansas City company sellout as the old school money class seems to be taking their profits from this town.

Check it:

NYT reports a $1.5 BILLION deal in the making: The Swiss maker of Lindt chocolate is closing in on a deal to acquire Russell Stover Candies, the storied American boxed-chocolate maker...

BBC: Lindt to buy US rival Russell Stover in expansion drive

Chicago Tribune: Chocolate maker Lindt makes surprise move on U.S. candy maker Russell Stover

And before so many clueless media types try to churn up a bit of hometown pride for this move . . . Let's remember that it's mostly a play to satisfy the growing demand for chocolate by the Chinese who are now the power players in the emerging luxury product market.

Developing . . .

12 Comments:

Anonymous said...

Will they still be nasty?

Anonymous said...

4:22 FTW

Anonymous said...

Andre's is the best.

Anonymous said...

If Nestle, Hershey or Mars does not beat this offer the American chocolate companies are about to become toast. When are we going to get that the selling of America is not a good deal for anyone?

Anonymous said...

What with the photo? Doesn't look like chocolate. Looks like another victim of the BP oil spill.

Anonymous said...

Nestles is a Swiss company

Anonymous said...

Nestlé is a FRENCH company

Anonymous said...

"Nestlé is the world's leading Nutrition, Health and Wellness company. With headquarters in Switzerland"

Anonymous said...

Boycott chocolate and kill that fat cow old lady of yours.....

Anonymous said...

Other communities are doing a better job to make their towns and cities a better place to live. It's more than building stadiums and roads.

Anonymous said...

Irony is that Russell Stover actually makes high-quality chocolate, and it's the one that gets taken over by wogs.

Most American chocolate is third-rate shit, as every European knows. That's why they aren't buying Hershey.

Anonymous said...

Boulevard Beer and Russell Stover management are prescient to sell before the financial markets begin their BIG slide.
Take the money and run.