AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Attorneys Debate Role of Hershey Trust Co.

Physical Educator

| September 12, 2002 | COPYRIGHT 2009 Phi Epsilon Kappa Fraternity. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Bill Sulon

Sep. 12--Hershey Trust Co. could find itself in court again if it fails to diversify its assets and its main investment, Hershey Foods Corp. stock, plunges in value, a lawyer for the trust company argued Wednesday in Commonwealth Court.

Both the lawyer, Jack Stover, and the panel of judges raised the issue of whether state Attorney General Mike Fisher's efforts to block any sale of the candy giant could one day lead to the transformation of his office to the point where it could intervene in business decisions of not only trust board members, but public companies.

The court heard arguments by Stover and Deputy Attorney General Jerry Pappert on whether a Dauphin County Court judge's temporary restraining…

Related articles from newspapers, magazines, journals, and more
A Dauphin County Orphans' Court judge dismissed all legal challenges related to...
Newspaper article from: Food & Drink Weekly October 21, 2002 700+ words
...legal challenges related to the sale of Hershey Foods Corporation. Senior Judge Warren Morgan...attorney general are moot now that the Hershey Trust Company, which owns a controlling...of any future sale but did order the Hershey Trust Company to notify the attorney general...
... As Pennsylvania House votes on bill to restrict trust sales....
Magazine article from: Candy Industry October 1, 2002 700+ words
...sentiment against Milton Hershey Trust's efforts to sell Hershey Foods has prompted the Pennsylvania...by board members of the Hershey Trust toward the community. Controversy...as well as its impact on Hershey Foods stock value, remains in...
Pennsylvania Attorney General Fisher Applauds Hershey Trust Decision To Stop...
Press release article from: PR Newswire September 18, 2002 700+ words
...previously obtained a court order preventing the Hershey Trust Board from selling Hershey Foods, today commended the decision to call off...General, including the impact a sale of Hershey Foods would have on the Hershey Community. Commonwealth...
Chocolate mess. (Start).(Hershey Trust board's plan for Hershey Foods...
Magazine article from: Food Logistics October 15, 2002 700+ words
The Hershey Trust board has abandoned plans to sell Hershey Foods Corp., Hershey, PA, in the wake of intense and...alternative it rejected earlier this year, allowing Hershey Foods to buy back shares from the trust as a way to diversify...
PA Gov. Schweiker Issues Statement on Milton Hershey Trust Decision to Rule Out...
Press release article from: PR Newswire September 18, 2002 700+ words
...on the decision by the Hershey Trust to reject all potential sales of Hershey Foods: "I would like to commend...thriving community. Hershey Foods has been the keystone...their relationship with Hershey Foods for years to come. It...
Hershey Trust Reaffirms Its Commitment to Explore the Possible Sale of Hershey...
Press release article from: Business Wire August 7, 2002 700+ words
...of Robert C. Vowler, President and CEO of Hershey Trust Co.: The Hershey Trust board met today and discussed its plan to explore the possible sale of Hershey Foods. The board continues to believe this course...
Hershey Trust Co. (Supplier News).(trust decides not to sell stake in Hershey...
Magazine article from: Drug Store News October 21, 2002 700+ words
Now that the Hershey Trust Co. has voted to call off the sale of Hershey Foods, as previously reported by Drug Store News, it is now asking a court to dismiss a lawsuit over the potential sale of the U...
Township's Panel Joins Fight to Halt Hershey Foods Sale.
Newspaper article from: Knight Ridder/Tribune Business News September 11, 2002 700+ words
...potential sale of Hershey Foods Corp., the Derry...proceedings between the Hershey Trust Co. and the attorney...thwart the sale of Hershey Foods." The Hershey Trust Co., which is...exploring a sale of Hershey Foods to diversify the...
Hershey Trust Seeks 'Healing' in Pennsylvania Community, President Says.
Newspaper article from: The Patriot-News (Harrisburg, Pennsylvania) (via Knight-Ridder/Tribune Business News) September 26, 2002 700+ words
...contentious auction of Hershey Foods Corp., the Hershey Trust Co.'s president said...meet next week with the Hershey Foods board of directors, who...opposition to a sale of Hershey Foods, and that he and other...
Pennsylvania Attorney General Fisher Wants County Court to Scrutinize Any...
Press release article from: PR Newswire August 12, 2002 700+ words
...strike a business deal for Hershey Foods. Rather, they will need...controlling interests of Hershey Foods could have profoundly negative...petition said the sale of Hershey Foods by the charitable Hershey Trust is an extraordinary event...
For more facts and information, see all results

Source: HighBeam Research, Attorneys Debate Role of Hershey Trust Co.

©2010 Gale, a part of Cengage Learning. All rights reserved. About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA

The AccessMyLibrary advertising network includes: womensforum.com GlamFamily