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Study: Pennsylvania AG destroyed "roughly $2.7 billion in shareholder wealth"
Jonathan Klick of Florida State and Robert Sitkoff of Harvard have a new paper on SSRN entitled "Agency Costs, Charitable Trusts, and Corporate Control: Evidence from Hershey's Kiss-Off". Abstract (h/t contributor Mike DeBow): <blockquote>In July 2002, the trustees of the Milton Hershey School Trust announced a plan to diversify the Trust's investment portfolio by selling the Trust's controlling interest in the Hershey Company. The Company's stock jumped from $62.50 to $78.30 on news of the proposed sale. But the Pennsylvania attorney general, who was then running for governor, brought suit to stop the sale on the grounds that it would harm the central Pennsylvania community. In September 2002, after the attorney general obtained a preliminary injunction, the trustees abandoned the sale and the Company's stock dropped to $65.00. Using standard event study econometric analysis, we find that the sale announcement was associated with a positive abnormal return of over 25 percent and that canceling the sale was followed by a negative abnormal return of nearly 12 percent. Our findings imply that instead of improving the welfare of the needy children who are the Trust's main beneficiaries, the attorney general's intervention preserved charitable trust agency costs on the order of roughly $850 million and prevented the Trust from achieving salutary portfolio diversification. Overall, blocking the sale destroyed roughly $2.7 billion in shareholder wealth, reducing aggregate social welfare by preserving a suboptimal ownership structure of the Company. Our findings contribute to the literature of trust law by supplying the first empirical analysis of agency costs in the charitable trust form and by highlighting shortcomings in supervision of charitable entities by the state attorneys general. Our findings also contribute to the literature of corporate governance by measuring the change in the Hershey Company's market value when the Trust exposed the Company to the market for corporate control.</blockquote><hr>This item provided by <a href='http://www.pointoflaw.com/archives/2008/07/study-pennsylvania-ag-destroye.php'>PointOfLaw Forum</a>

Dining Room Worker, Part-Time, Milton Hershey School, Hershey, PA (Hershey, PA)
<table border="0"> <tr> <td><img src="http://miltonhershey.attnhr.com/templates/craigslist/mhs_banner.jpg"></td> </tr> <tr> <td><table border="0"> <tr> <td>Dining Room Worker, Part-Time, Milton Hershey School, Hershey, PA Help our students discover their potential, while being supported in finding yours. Enthusiasm, innovation and the ability to bring out the best in others. If you have these traits, you could be exactly the kind of person we’re looking for to join our mission to positively change the lives of children. The Milton Hershey School offers a positive, structured home life and excellent pre-K through 12 education—free of cost—for promising children from families in financial and social need. Milton Hershey School’s plans for expansion have opened many rewarding employment opportunities. Milton Hershey School seeks a part-time Dining Room Worker to assist in preparing, servicing and monitoring the cafeteria line for the noontime meal for staff and students. Additional duties include assisting in the set-up of tables and dishes, cleaning up the dining room area after the noon meal is served, preparing and servicing coffee breaks for various events, and performing other duties as assigned. This position is approximately 29 hours per week, 10 months/year. Requirements: <ul> <li>High school diploma or GED</li> <li>Food service or school cafeteria experience</li> <li>Familiarity with conventional ovens, institutional dishwashers and other kitchen utilities would be an asset </li> </ul> Learn more about Milton Hershey School and current opportunities at <a href="http://www.mhs-pa.org/" rel="nofollow">www.mhs-pa.org</a>. We value diversity. </td> </tr> </table></td> </tr> <tr> <td></td> </tr> </table> <hr>This item provided by <a href='http://harrisburg.craigslist.org/fbh/759842707.html'>craigslist | jobs in harrisburg</a>

POWERS: Former Viking Senser preaches faith, responsibility and occasional beer
as well as a former broadcaster, Senser has been a member of the board of directors for the Milton Hershey School in Pennsylvania since 2001. In the old days, the Hershey School is what used to be called an orphanage. And after his father died, Senser<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Former Viking Senser preaches faith, responsibility and the occasional beer
as well as a former broadcaster, Senser has been a member of the board of directors for the Milton Hershey School Advertisementin Pennsylvania since 2001. In the old days, the Hershey School is what used to be called an orphanage. And after his father<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Nashville teen to compete in national track meet
Track & Field North American Final in Hershey, Pennsylvania, the Henry Hershey Field on the campus of the Milton Hershey School. This is the 31st year for Hershey€™s Track & Field Games which offers boys and girls from ages nine to 14 an<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

POWERS: Former Viking Senser preaches faith, responsibility and the occasional beer
as well as a former broadcaster, Senser has been a member of the board of directors for the Milton Hershey School Advertisementin Pennsylvania since 2001. In the old days, the Hershey School is what used to be called an orphanage. And after his father<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

TOM POWERS: Former Viking Joe Senser preaches faith, responsibility and the occasional beer
as well as a former broadcaster, Senser has been a member of the board of directors for the Milton Hershey School Advertisementin Pennsylvania since 2001. In the old days, the Hershey School is what used to be called an orphanage. And after his father<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Nellie King
Accurizer: +links, cat. <hr /> <div>'''Nelson Joseph "Nellie" King''' (b. [[March 15]], [[1928]] in [[Shenandoah, Pennsylvania|Shenandoah]], [[Pennsylvania]]) was an American professional [[baseball]] player who played with the [[Pittsburgh Pirates]]. ==Early life== King attended [[Milton Hershey School]] in [[Hershey, Pennsylvania]]. ==Baseball career== King debuted in the major leagues on [[April 15]], [[1954]]. He missed the 1951&ndash;1952 seasons due to military service. His final game was on [[September 15]], [[1957]]. ==Statistics== *'''Bats''' Right, '''Throws''' Right *'''Height''' 6' 6", '''Weight''' 185 lb. ==External links== *[http://www.baseball-reference.com/k/kingne01.shtml Statistics], baseball-reference.com {{DEFAULTSORT:King, Nellie}} [[Category:1928 births]] [[Category:Pittsburgh Pirates players]] [[Category:People from Schuylkill County, Pennsylvania]] {{US-baseball-bio-stub}}</div><hr>This item provided by <a href='http://en.wikipedia.org/wiki/Nellie_King'>Wikipedia - New pages [en]</a>

Lebbie Lebkicher
<a href="http://en.wikipedia.org/wiki/Wikipedia:AES" title="wikipedia:aes">←</a>Created page with 'THE HISTORY OF LEBBIE LEBKICHER provided by Hershey Community Archives William H. "Lebbie" Lebkicher, a wizened, string bean of a man, was a native of Lancaster...' New page<div>THE HISTORY OF LEBBIE LEBKICHER provided by Hershey Community Archives William H. "Lebbie" Lebkicher, a wizened, string bean of a man, was a native of Lancaster County, Pennsylvania. In 1880, he began working for young Milton Hershey's confectionery store at 935 Spring Garden Street, Philadelphia. Milton Hershey's mother's family were farmers in Lancaster County. Lebbie had learned of the job opening while working on an adjoining farm. Thus began a friendship that would endure for more than 50 years. The Civil War veteran was a boarder of Milton Hershey during the years in Philadelphia and was a jack of all trades at the candy shop. Milton Hershey said, Lebbie was the only man I couldn't outwork. But I could out talk him. He didn't say much, and when he did, he usually snapped at you. The caramel shop in Philadelphia failed in 1882 and Milton Hershey and Lebbie Lebkicher went their separate ways. Milton Hershey returned to Lancaster in 1883 seeking financial support from his mother's family to start another venture in candy making. The Snavely family refused to assist him and also suggested that he find another place to sleep that night. Milton Hershey returned to Lancaster City and found shelter with his old employee, Lebbie Lebkicher. At this time Lebbie showed the depth of his fondness for young Milton, providing him with a change of clothes, a hot meal, and a place to sleep. When the railroad station complained about the furniture and candy equipment which Milton had sent "Cash On Delivery" and now had no money to release, Lebbie came to the rescue, paid the delivery charges and had it stored. Milton Hershey never forgot this kindness, and after that treated him with all the consideration his own generous nature could show. Milton Hershey's success in Lancaster with the Lancaster Caramel Company would lead them both to the town of Derry Church, later to be named "Hershey". Lebbie remained a close associate of Mr. Hershey's, heading up the early construction projects for the new town and serving as a director for the Hershey Trust Company and Hershey Industrial School (now Milton Hershey School). Milton Hershey deeply trusted him and asked him to look after his mother and wife when he was out of town. He held many job titles but was most often introduced by Milton Hershey as "My good right hand." Lebbie Lebkicher never married or had children and perhaps looked upon Milton Hershey as the son he never had. He died on February 10, 1929.</div><hr>This item provided by <a href='http://en.wikipedia.org/w/index.php?title=Lebbie_Lebkicher&diff=225284074&oldid=prev'>Wikipedia - Recent changes [en]</a>

Trust chairman says Hershey not for sale
controlling interest in The Hershey Co.,? wrote Leroy Zimmerman, chairman of the boards of the Hershey Trust and Milton Hershey School. The Hershey Trust controls 78 percent of the voting stock in the company. ?It is a time of change, and this is not<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Gilliam enjoys UVa trip
Hershey (Pa.) Milton Hershey School defensive end/tight end Garry Gilliam (6-foot-7, 250 pounds, 4.7 seconds) took his long-awaited visit to the University of Virginia last week. After spending the day with members of the UVa staff, the talented two-way threat, who has been offered by seven college programs, left Charlottesville impressed with the experience. What is up next for Gillia<hr>This item provided by <a href='http://virginia.rivals.com/content.asp?CID=824346'>Virginia Football and Basketball: CavsCorner.com Headlines</a>

Guns, Cleavage, Drugs, Hercules, Nolan Bushnell And 2 Truisms About Me .......
 The first truism is I will never pass up the opportunity to play a classic pinball game. I am talking 1990 and later. The second is I don't shirk from riding new roller coasters. I am always game to try out a new coaster. If it beats me up the first time I simply won't go on it again ... much. Rather then jump to the story about guns, cleavage, and drugs I will start with what ever is left. I promise you it will make sense in the end. This is called 'leading the reader' an effect that forces someone to read through a story to get to the facts that are more 'titillating', for lack of a better word. I recently got back from a day trip to Hersheypark. What an amazing amusement park. Much bigger than I remember from my time living there every summer while I attended Milton Hershey School. Every time I go there I am fifteen again and Shannon and I are trying to break the record for the 'Zodiac'. I remember stuff that only someone who spent a good amount of time there will be able to testify to. Since 1977 Hersheypark has kicked ass with the first inverted coaster on the East Coast. 'Revolution' (1976) at Magic Mountain in Valencia Falls was the first, in case your wondering, and the 'Looper' was built by the same company, 'Anton Schwarkopf'. Interest in this classic ride has waned over the years because of it's single loop. Many people think it's boring because of this fact. I for one was happy nobody wanted to ride the 'Looper'. It meant no lines and a lowering of the height requirement to allow smaller riders on. The 'Looper' was my daughter Lindsay's first upside down coaster and she loved it. "Scared bliss" was all I saw in her eyes. She is another adrenalin junkie in the making. Side note: The wooden roller coaster 'Hercules' at Dorney Park had the record of the longest drop in the world. I actually got to be one of the first riders of this coaster. Weird coincidence for this story. I digress so much I can't remember where I was. That's right 'Hercules'! In 1979 Atari Corp. put out a pinball game on steroids called 'Hercules'. To this day it has the record for being the largest mass produced pinball machine. These rigs are massive, but by being so big it compromises game play. You can't trap the ball very well which shuts me out. I am always holding the ball to make those 'special' shots. Plus it was made before the million point multipliers became the rage. A good score topped 250,000 not 25,000,000. I know because I got to play it in Hersheypark upper arcade. Hersheypark has one of the best places to get your 'game on' (my fave is 'Flipper Mccoys' in Virginia Beach). Their arcade has alot of classic video games and a wall of pinball that would make a pinball junkie swoon. The great thing is they are all .25 cents. 5 bucks in quarters and my family lost me for an hour. Folks I am talking 'Pinbot' for about half that time. That's all I can stand writing for now, I guess next up will be Nolan Bushnell and how he recently complicated my life. I can't remember the last time I posted for Funky Friday. Enjoy an excellent track and some video. <a href="javascript://playYoutube" onclick="Player.toggleYoutube('youtubepickL_S5POJbns','youtubecontrolkL_S5POJbns','kL_S5POJbns','youtubevideokL_S5POJbns',170842)"><img id="youtubepickL_S5POJbns" class="play" style="margin:20px 0 0;" src="http://i.ytimg.com/vi/kL_S5POJbns/default.jpg" height="318" width="424" /><img id="youtubecontrolkl_s5pojbns" class="control" style="margin:0 0 20px;" src="http://mog.com/images/youtube_controls.gif" height="17" width="424"/></a><div id="youtubevideokL_S5POJbns"> </div> On this next one play anyway, the vid is available. <a href="javascript://playYoutube" onclick="Player.toggleYoutube('youtubepicOhSHOh9Q8tQ&eurl','youtubecontrolOhSHOh9Q8tQ&eurl','OhSHOh9Q8tQ&eurl','youtubevideoOhSHOh9Q8tQ&eurl',170842)"><img id="youtubepicohshoh9q8tq&eurl" class="play" style="margin:20px 0 0;" src="http://mog.com/images/youtube_blank.gif" height="318" width="424" /><img id="youtubecontrolohshoh9q8tq&eurl" class="control" style="margin:0 0 20px;" src="http://mog.com/images/youtube_controls.gif" height="17" width="424"/></a><div id="youtubevideoOhSHOh9Q8tQ&eurl"> </div> <object height="122" classid="clsid:d27cdb6e-ae6d-11cf-96b8-444553540000" codebase="http://download.macromedia.com/pub/shockwave/cabs/flash/swflash.cab#version=6,0,40,0" width="320"> <param name="name" value="MOGPlayermLyL0I8VLUl.mp3"> <param name="bgcolor" value="#ffffff"> <param name="align" value="middle"> <param name="flashvars" value="info=http://mog.com/l/mLyL0I8VLUl.mp3"> <param name="src" value="../../player.swf"> <param name="wmode" value="transparent"><embed name="MOGPlayermLyL0I8VLUl.mp3" bgcolor="#ffffff" src="../../player.swf" type="application/x-shockwave-flash" flashvars="info=http://mog.com/l/mLyL0I8VLUl.mp3" height="122" wmode="transparent" align="middle" width="320"></embed> </param></param></param></param></param></param></object> <hr>This item provided by <a href='http://mog.com/I_am/blog_post/170842'>MOG - All: None (Last 24 Hours)</a>

Two-way target Gilliam visiting Virginia today
Hershey (Penn.) Milton Hershey School defensive end/tight end Garry Gilliam (6-foot-7, 250 pounds, 4.7 seconds) is one of the fastest rising players in the Keystone State's 2009 class. Gilliam currently holds seven offers and is seeing more interest roll in by the week. A versatile player, Gilliam is being recruited for both sides of the ball. Today, he makes his way to Charlottesville to take a closer look at Virginia's progra<hr>This item provided by <a href='http://virginia.rivals.com/content.asp?CID=823274'>Virginia Football and Basketball: CavsCorner.com Headlines</a>

Milton Hershey School Family Event
Milton Hershey School Family Event Milton Hershey School opens new doors to children from families of low incomeat no cost. Children enroll between the ages of 4 and 15. Join us<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Hershey, PA: Senior Pastor at Evangelical Free Church of Hershey
Opportunity Profile for the position of Senior Pastor, Evangelical Free Church of Hershey Hershey, Pennsylvania January, 2008 Overview: The mission of the Evangelical Free Church of Hershey (EFCH) is "Pointing people to Jesus Christ so that together we become more and more like Him." It is the desire of the church to become a congregation that truly pleases the Lord Jesus Christ; fulfilling the purpose He has given us as a congregation. In order to continually do greater things for the Kingdom of Christ, the church recognizes its need to be stretched. As part of this "stretching" EFCH (www.hersheyfree.com) is searching for a new senior pastor. Dave Martin, the only senior pastor the church has known, has led with an unwavering commitment to God's Word for the past 35 years. This has become an important part of the spiritual DNA for the church. Pastor Dave is sensing God's leading to transition out of the Senior Pastor role. The elders and a transition team of EFCH are working in partnership with the Eastern District Superintendent, Steve Musser, to prepare for the leadership transition. They plan to find Pastor Dave's successor within a time frame that allows for a period of orientation. The Evangelical Free Church of Hershey is a congregation that has enjoyed a rich history of deeply rooted Bible teaching, inspiring worship, strong missions focus, and church planting throughout the region. The church has impacted many lives and experienced a long period of exponential growth as attendees were drawn near to Christ and transformed by the Word. In the last decade, challenges, which created a loss of momentum in a historically growth-oriented church, have occurred. There have been two capital campaigns and several ministry initiatives that were only warmly received by the congregation. The inability to successfully carry out these initiatives resulted in a general sense of confusion. This has led to a trickling attendance decline. Despite the decline, the regular attendance is approximately 2575 (adults, youth & children). However, there is a spirit of expectancy as the church prepares for this new chapter to unfold. The Opportunity: While EFCH has a rich history, it does not want to live in the past. There is prayerful hope that God will use this transition to bring a fresh vision and a renewed commitment to its mission. The leaders in the church have confidence that a solid foundation exists upon which a new pastor will be blessed to build. The new Senior Pastor will strategically invest in the life of the church and discern, with the help of others, the distinct identity and future focus. He will be eager to learn about EFCH and the surrounding area by studying the results of the recent organizational consulting data, and by meeting with staff, elders, and key stakeholders. He will be able to align staff and ministries under a unifying vision for the church. He will bring keen insight and have proven experience in developing appropriate organizational structures, clarifying leadership roles, and establishing values-driven resource allocation. He will also mentor and develop staff and lay leaders. The new Pastor will view himself as the spiritual shepherd of the staff and be an example of servant leadership that they can emulate. In addition to being a strategic leader, the new Pastor will be an excellent expository preacher/teacher who can bridge the truth with real-life application. He will maintain the distinctive of EFCH as a teaching church and will challenge both the head and the heart through transformational teaching of God's Word. The new Pastor that God brings to EFCH will clarify its vision and distinctive role in God's Kingdom. He will be committed to carrying out the Great Commission and Great Commandment both locally and internationally. Church Facts: The church has a 23-acre site with 88,400 sq. ft. of ministry space, including an 1100 seat worship center. In addition, the church owns a 100-acre site a few miles from the church that it hopes to use for sports ministry, community outreach, and a possible future second campus. Currently there are 33 full-time and 12 part-time staff with 12 pastors and an annual budget of $3,568,225.00 which includes a mission's budget of $1,016,581.00. Current total attendance (adults, youth, and children) averages 2575. The high average attendance took place in 1999 and was 3184. The Hershey Area: Hershey, Pennsylvania,(population 12,771) is located in a moderately populated geographic area of south central Pennsylvania. The greater Hershey area enjoys a unique balance of scenic, agricultural landscape and small-town living blended with a close proximity to the major metropolitan areas of Washington, D.C., Philadelphia, New York City, and Baltimore. Many residents and visitors enjoy camping, hunting, and fishing in Pennsylvania's numerous state parks and woodlands as well as skiing in the nearby Pocono Mountains. Others avidly follow their favorite high school, college and professional minor league sports teams in the area throughout the year. Farmers markets, auctions, seasonal festivals, and community activities abound. Hershey is well known for the chocolate company that bears its name, and for its amusement park enjoyed by thousands every year. The generous legacy of its founder continues to this day through the Milton Hershey School for disadvantaged children. The ever-expanding Hershey Medical Center is renowned for its research and treatment in cardiology, oncology, and other advanced fields. The affairs of the Commonwealth of Pennsylvania are governed in the nearby state capital of Harrisburg. The people of the EFCH have a variety of K-12 schooling options, depending on the actual town in which they reside and on personal preferences. Hershey is located within the tri-county area of Dauphin, Lebanon, and Lancaster, each having several school districts. Additionally, a variety of Christian (and other) private schools are available within the area, and some choose to home school. For college education, the Penn State system is highly prevalent throughout the region. There are also a number of smaller, private institutions in the area. Where is this person now? Most likely, this person is currently serving as the Senior Pastor of a large, thriving evangelical church. It is also possible that he is serving in a senior level associate role where there are frequent speaking opportunities and the forum to lead significant ministry initiatives. Qualifications: -Meets the qualifications of an overseer/elder as described in I Timothy 3:1-7 and Titus 1:5-9. -M DIV or an equivalent degree from a reputable evangelical seminary or an advanced degree with demonstrated evangelical biblical scholarship. -Ordained to the ministry. If not ordained by the Evangelical Free Church of America (EFCA), the candidate must be willing to pursue ordination in the EFCA and be able to meet all the standards for ordination by that body. -Agrees with the doctrinal beliefs of EFCH (see web site). -Minimum of 10 years of progressively advancing leadership experience. Currently serving in a thriving church or other successful ministry. Inquiry Process: If you believe that you are the kind of strategic Pastor/Shepherd described in this profile, and after prayer you sense that God is leading you towards this opportunity, we encourage you to submit your name for consideration. We will handle all candidate information confidentially and will only check references with your permission. In addition to sending your resume or dossier please provide us with succinct responses to the following questions. 1. Describe your faith-walk with Christ. Tell us how you entered a trusting relationship with Christ and how you are maintaining the vitality of this relationship now. Describe the expressions of ministry that you are currently involved with (in or outside of the church). 2. Why are you interested in serving Hershey EFC as its new Senior Pastor? Be specific about describing how your ministry calling and competencies align with this ministry opportunity profile. 3. Please share (in bullet point format) your ministry philosophy and how you would align ministry priorities if you were serving in this role. 4. Why do you believe that the timing is right for you to transition into this role? Please submit your resume/dossier and responses to questions (in word format) to: Phil Thompson, Search Consultant People Management Minneapolis 5720 Smetana Drive, Suite 300 Minnetonka, MN 55343 pthompson@peoplemanagement.org Phone 952-841-7539 Feel free to pass this opportunity profile on to others who may be a good fit.<hr>This item provided by <a href='http://www.denverseminary.edu/evangelical-free-church-of-hershey/2008-06-24-senior-pastor'>Denver Seminary</a>

Art Teacher, High School, Part-Time, Milton Hershey School, Hershey, PA
PA-Harrisburg, Help our students discover their potential, while being supported in finding yours. Enthusiasm, innovation and the ability to bring out the best in others. If you have these traits, you could be exact<hr>This item provided by <a href='http://jobsearch.monster.com/getjob.asp?JobID=73101193&AVSDM=2008-06-20%2011:12:00&WT.mc_n=RSS2005_JSR'>Monster Job Search Results </a>

Instructional Advisor/Dairy, Milton Hershey School, Hershey, PA
PA-Harrisburg, Help our students discover their potential, while being supported in finding yours. Enthusiasm, innovation and the ability to bring out the best in others. If you have these traits, you could be exact<hr>This item provided by <a href='http://jobsearch.monster.com/getjob.asp?JobID=73100983&AVSDM=2008-06-20%2011:07:00&WT.mc_n=RSS2005_JSR'>Monster Job Search Results </a>

Help Wanted - General - 143 listings
Is an empty nest giving you the blues? We have the cure! Consider Houseparenting at Milton Hershey School! Milton Hershey School in Hershey, PA, serves children in need. Our houseparents serve as caregivers, role models and shoulders to lean on. They<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Help Wanted - General - (143)
Is an empty nest giving you the blues? We have the cure! Consider Houseparenting at Milton Hershey School! Milton Hershey School in Hershey, PA, serves children in need. Our houseparents serve as caregivers, role models and shoulders to lean on. They<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Former Mayer Brown Partner Sues Firm for Ousting Him
<img height="158" alt="john halbleib, mayer brown" width="141" align="right" vspace="5" src="http://blog.larrybodine.com/John%20Halbleib.jpg" />This article is now online (subscription required) at <a href="http://www.law.com/jsp/nlj/PubArticleNLJ.jsp?id=1202422369263">http://www.law.com/jsp/nlj/PubArticleNLJ.jsp?id=1202422369263</a>.  Visit <a href="http://amlawdaily.typepad.com/amlawdaily/2008/06/regional-roun-7.html">here</a> for a summary.Attorney John Halbleib was riding high in June 2001. He'd just won a first-time pro bono award from his law firm, Mayer Brown Row & Mawe, for his work with the alumni association of a Hershey family founded school for underprivileged children and his leadership in the legal battle had been the subject of many news stories. But by the following January, the law firm was asking him to leave because he didn't have enough fee-generating clients. Halbleib was "shocked," he said. He pleaded with senior partners to let him stay on as a non-practicing attorney in charge of technology projects. They did, but four years later asked him again to leave, so he did. It all might sound like one more lawyer's career gone sour in the ever more competitive U.S. big-firm landscape, but Halbleib alleges in a lawsuit against the firm, now known as Mayer Brown, that there's more to the story. In the lawsuit, filed June 6 in Cook County Circuit Court in Chicago, Halbleib claims the firm really ousted him because it was seeking business from a Hershey rival, Nestle USA, and Halbleib's work for the association stood in the way because its opposition to a Hershey Foods Corp. sale represented a conflict of interest. <table bordercolor="#000080" cellpadding="10" width="35%" align="right" bgcolor="#fafad2" border="1"> <tbody> <tr> <td>Mayer Brown is still touting Halbleib's good works. Visit <a href="http://www.mayerbrown.com/news/index.asp?page=9&archive=Y&nid=20">http://www.mayerbrown.com/news/index.asp?page=9&archive=Y&nid=20</a> and scroll down to "John Halbleib's "Orphan Army" crusade featured in People Magazine" on the firm website.</td> </tr> </tbody></table>Halbleib alleges in the lawsuit that the firm breached its partnership agreement and fiduciary duty to him and engaged in common law fraud by misrepresenting the reasons for his demotion and eventual ouster. Halbleib v. Mayer Brown, No. 08-6221. "Mayer Brown has reviewed the complaint filed by former partner and employee John Halbleib, and finds it without merit," the firm said in a statement. "We will defend ourselves vigorously and are confident of a positive outcome for the firm." Halbleib joined Mayer Brown in Chicago as a partner in February 1996, after working at Vedder, Price, Kaufman & Kammholz, and Chapman & Cutler. 6,000 hours of work In early 1999, Mayer Brown appointed Halbleib to take on pro bono representation of the Milton Hershey School Alumni Association to resolve its dispute with the Milton Hershey School Trust over how a multi-billion dollar endowment left by the famous Pennsylvania chocolate family for the school should be spent, the lawsuit says. Halbleib was suited to the task because as a teenager he had attended the school, which was dedicated to serving orphans and lower-income students. Halbleib was one of 10 children raised by a single mother after his father died when he was 10 years old. Over the next three years, he spent nearly 6,000 hours on the project and helped the association defeat an effort by the trust to change its mission, according to the lawsuit. Given that work, Halbleib said in an interview that he "was not out building client relationships." So, he had little defense when two senior partners informed him in January 2002 that he was being expelled from the partnership and should leave the firm by July. Halbleib was eventually allowed to stay on through 2006 as a technology director. Nestle connection alleged It wasn't until last year, after looking for a new job, that he considered how his termination coincided with other events at Mayer Brown, he said. He started to see how his ouster was connected to the firm's pursuit of business from Nestle, he alleged. He recalled a senior partner at the firm asking him in January 2001 to discuss "what Nestle would need to do in order to acquire Hershey Foods" Corp., the lawsuit said. Hershey Foods was controlled by the trust that also funded the school. Halbleib told the partner that the alumni association would object to a sale. In November, the senior partner circulated an e-mail saying the firm was representing Nestle in a search for acquisitions, the lawsuit alleges. Halbleib also asserts in the lawsuit that the firm acknowledged in a July, 2002 memo that it "may become involved in the acquisition of Hershey Foods," and that it was working on a confidential matter for Nestle. In July 2002, a proposed sale of Hershey Foods was made public, but by August the Pennsylvania Attorney General and the alumni association were seeking to block a sale, the lawsuit says. Mayer Brown declined to appear on behalf of the association in its opposition, though the firm continued to advise the association until March 2003, putting it in a conflict of interest, according to Halbleib's lawsuit. Ultimately, after putting Hershey on the sales block, the trust rejected a top bid from Wm. Wrigley Jr. Co. and a joint offer from Nestle and Cadbury Schweppes in September 2002, according to news reports at the time. Halbleib declined to say how much he's seeking in damages”<img src="http://feeds.lexblog.com/~r/LarryBodineLawMarketingBlog/~4/318615977" height="1" width="1"/><hr>This item provided by <a href='http://feeds.lexblog.com/~r/LarryBodineLawMarketingBlog/~3/318615977/'>Larry Bodine Law Marketing Blog</a>

Former Mayer Brown partner sues firm for ousting
<img height="158" alt="john halbleib, mayer brown" width="141" align="right" vspace="5" src="http://blog.larrybodine.com/John%20Halbleib.jpg" />This article is now online at <a href="http://www.law.com/jsp/nlj/PubArticleNLJ.jsp?id=1202422369263">http://www.law.com/jsp/nlj/PubArticleNLJ.jsp?id=1202422369263</a>.  Attorney John Halbleib was riding high in June 2001. He'd just won a first-time pro bono award from his law firm, Mayer Brown Row & Mawe, for his work with the alumni association of a Hershey family founded school for underprivileged children and his leadership in the legal battle had been the subject of many news stories. But by the following January, the law firm was asking him to leave because he didn't have enough fee-generating clients. Halbleib was "shocked," he said. He pleaded with senior partners to let him stay on as a non-practicing attorney in charge of technology projects. They did, but four years later asked him again to leave, so he did. It all might sound like one more lawyer's career gone sour in the ever more competitive U.S. big-firm landscape, but Halbleib alleges in a lawsuit against the firm, now known as Mayer Brown, that there's more to the story. In the lawsuit, filed June 6 in Cook County Circuit Court in Chicago, Halbleib claims the firm really ousted him because it was seeking business from a Hershey rival, Nestle USA, and Halbleib's work for the association stood in the way because its opposition to a Hershey Foods Corp. sale represented a conflict of interest. <table bordercolor="#000080" cellpadding="10" width="35%" align="right" bgcolor="#fafad2" border="1"> <tbody> <tr> <td>Mayer Brown is still touting Halbleib's good works. Visit <a href="http://www.mayerbrown.com/news/index.asp?page=9&archive=Y&nid=20">http://www.mayerbrown.com/news/index.asp?page=9&archive=Y&nid=20</a> and scroll down to "John Halbleib's "Orphan Army" crusade featured in People Magazine" on the firm website.</td> </tr> </tbody></table>Halbleib alleges in the lawsuit that the firm breached its partnership agreement and fiduciary duty to him and engaged in common law fraud by misrepresenting the reasons for his demotion and eventual ouster. Halbleib v. Mayer Brown, No. 08-6221. "Mayer Brown has reviewed the complaint filed by former partner and employee John Halbleib, and finds it without merit," the firm said in a statement. "We will defend ourselves vigorously and are confident of a positive outcome for the firm." Halbleib joined Mayer Brown in Chicago as a partner in February 1996, after working at Vedder, Price, Kaufman & Kammholz, and Chapman & Cutler. 6,000 hours of work In early 1999, Mayer Brown appointed Halbleib to take on pro bono representation of the Milton Hershey School Alumni Association to resolve its dispute with the Milton Hershey School Trust over how a multi-billion dollar endowment left by the famous Pennsylvania chocolate family for the school should be spent, the lawsuit says. Halbleib was suited to the task because as a teenager he had attended the school, which was dedicated to serving orphans and lower-income students. Halbleib was one of 10 children raised by a single mother after his father died when he was 10 years old. Over the next three years, he spent nearly 6,000 hours on the project and helped the association defeat an effort by the trust to change its mission, according to the lawsuit. Given that work, Halbleib said in an interview that he "was not out building client relationships." So, he had little defense when two senior partners informed him in January 2002 that he was being expelled from the partnership and should leave the firm by July. Halbleib was eventually allowed to stay on through 2006 as a technology director. Nestle connection alleged It wasn't until last year, after looking for a new job, that he considered how his termination coincided with other events at Mayer Brown, he said. He started to see how his ouster was connected to the firm's pursuit of business from Nestle, he alleged. He recalled a senior partner at the firm asking him in January 2001 to discuss "what Nestle would need to do in order to acquire Hershey Foods" Corp., the lawsuit said. Hershey Foods was controlled by the trust that also funded the school. Halbleib told the partner that the alumni association would object to a sale. In November, the senior partner circulated an e-mail saying the firm was representing Nestle in a search for acquisitions, the lawsuit alleges. Halbleib also asserts in the lawsuit that the firm acknowledged in a July, 2002 memo that it "may become involved in the acquisition of Hershey Foods," and that it was working on a confidential matter for Nestle. In July 2002, a proposed sale of Hershey Foods was made public, but by August the Pennsylvania Attorney General and the alumni association were seeking to block a sale, the lawsuit says. Mayer Brown declined to appear on behalf of the association in its opposition, though the firm continued to advise the association until March 2003, putting it in a conflict of interest, according to Halbleib's lawsuit. Ultimately, after putting Hershey on the sales block, the trust rejected a top bid from Wm. Wrigley Jr. Co. and a joint offer from Nestle and Cadbury Schweppes in September 2002, according to news reports at the time. Halbleib declined to say how much he's seeking in damages”<img src="http://feeds.lexblog.com/~r/LarryBodineLawMarketingBlog/~4/315857549" height="1" width="1"/>

Treasuring a garden's seeds
with the gardens about a year. He was offered a job as the first agriculture teacher at the Milton Hershey School, a position he held for nine years. He later became head of seed production for the Pennsylvania Farm Bureau, and then director of the<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Recreation Leaders, Milton Hershey School, Hershey, PA
PA-Harrisburg, Help our students discover their potential, while being supported in finding yours. Enthusiasm, innovation and the ability to bring out the best in others. If you have these traits, you could be exact

Speaker encourages Milton Hershey graduates
 A young woman who grew up as a child of cocaine-addicted parents in the Bronx with no food in the house and drugs everywhere told 144 graduates of Milton Hershey School on Sunday to hang on to their dreams. Liz... 

Hershey committed to growth and roots
view -- the 1,700 children in need that the Hershey Trust serves today through its sole beneficiary, the Milton Hershey School, and the thousands more children it will serve tomorrow. Exactly where events will lead the company is not yet certain, but<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

It's sweet recognition for La Salle scientist
the star - like it or not - when he receives this year's outstanding alumnus award from the Milton Hershey School. The Pennsylvania school is one of the richest educational institutions in the world, with an $8 billion endowment, and has a long-standing<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Dry, Robert Brian
 in Reading Hospital. Robert was an alumnus of the Milton Hershey School. He served in the Air Force and for the past 35 years was employed by Reading Hospital. In the past, he was actively involved with the Wilson School<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

String Instructor, Part-Time, Milton Hershey School, Hershey, PA
PA-Harrisburg, Help our students discover their potential, while being supported in finding yours. Enthusiasm, innovation and the ability to bring out the best in others. If you have these traits, you could be exact

Andy Kehe: Roller derby fitting way to jam out of B-town
a great run. My family and I are moving on to embark on a new challenge at the Milton Hershey School in Hershey, Pa., where my wife and I will be full-time houseparents to a dozen or so disadvantaged kids. Not much time to write, but we'll see. I<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Roller derby fitting way to jam out of B-town
a great run. My family and I are moving on to embark on a new challenge at the Milton Hershey School in Hershey, Pa., where my wife and I will be full-time houseparents to a dozen or so disadvantaged kids. Not much time to write, but we'll see. I<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Offers begin to pile up for big PA tight end
(Pa.) Milton Hershey School tight end Garry Gilliam is beginning to pile up the offers. The 6-foot-7, 245-pounder already holds offers from the ACC and Big East and has numerous other schools<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Offers begin to pile up for big PA tight end
Hershey (Pa.) Milton Hershey School tight end Garry Gilliam is beginning to pile up the offers. The 6-foot-7, 245-pounder already holds offers from the ACC and Big East and has numerous other schools interested

Integrated solution for Hershey School
South African surveillance systems developer and manufacturer Cathexis Technologies has provided an integrated surveillance solution to the Hershey School Campus in Pennsylvania. The solution includes multiple DVR/NVRs accommodating some 700 cameras and<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Biography: Milton Hershey
4 5 6 7 8 9 Write now Print Invite a writer? Add to Favorites Contact this writer Milton Hershey was born on a 350 acre farm near the small community of Derry Church, Pennsylvania the 13th of September, 1857. As the only surviving child of Veronica<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Child Caregivers — Milton Hershey School — Tampa, FL
 ... Tuition Reimbursement Relocation Assistance Comprehensive Training Exceptional School Districts For detailed information visit: http://mhs.attnhr.com MILTONHERSHEY SCHOOL EOE As ... 

Leaving Virginia - sunshine all the way to PA! - Lebanon, Pennsylvania, United States
 <table border="0" cellpadding="0" cellspacing="10" align="right" width="250"> <tr> <td valign="top" align="center"> <div style="WIDTH:250px; border:2px solid #eeeeee;"><a href="http://www.travelpod.com/travel-blog-entries/pykesonthego/3/1210715880.html">Jump to the full entry & travel map</a></div> </td> </tr> </table> Lebanon, Pennsylvania, United States &nbsp; We had planned to leave Virginia yesterday (Monday), but it had poured (we're talking deluge!) for 24 hours, with more rain and high winds continuing, and we heard of roads being washed out in nearby areas.&nbsp; We knew that our drive to to Pennsylvania would be mostly on the Interstate, but also knew that the roads out of our resort entroute to the Interstate were VERY narrow, with no shoulder, so we decided not to take the chance - and we sat still for another day.&nbsp; &nbsp;&nbsp; It was a nice drive, through green, green, green hilly country - so breathtaking - who would have thought there were that many different shades of green?!&nbsp; As we approached Lebanon, we drove through the town of Hershey, PA, with wonderful old fieldstone buildings, a lovely school called The Milton Hershey School, which has beautiful brick and fieldstone buildings and dormitories.&nbsp; There are many, many big barns around here that appear to have been built well over a hundred years ago - and they are mostly of a somewhat unique design, with a section (at about second floor level) that hangs out over&nbsp;several "window"/doors that appear to be for the horses. <map name="google_ad_map_QP9LzYE2S4HXUbQ9SdxH7br9ucA_"><area shape="rect" href="http://imageads.googleadservices.com/pagead/imgclick/QP9LzYE2S4HXUbQ9SdxH7br9ucA_?pos=0" coords="1,2,367,28"/><area shape="rect" href="http://services.google.com/feedback/abg" coords="384,10,453,23"/></map><img usemap="#google_ad_map_QP9LzYE2S4HXUbQ9SdxH7br9ucA_" border="0" src="http://imageads.googleadservices.com/pagead/ads?format=468x30_aff_img&client=ca-pub-2536110638983524&output=png&cuid=QP9LzYE2S4HXUbQ9SdxH7br9ucA_&url=http%3A%2F%2Fwww.travelpod.com%2Ftravel-blog-entries%2Fpykesonthego%2F3%2F1210715880.html"/><div class="feedflare"> <a href="http://feeds.feedburner.com/~f/Recent-Travel-Blogs-RSS?a=AIWfdH"><img src="http://feeds.feedburner.com/~f/Recent-Travel-Blogs-RSS?i=AIWfdH" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/Recent-Travel-Blogs-RSS?a=HH1ULH"><img src="http://feeds.feedburner.com/~f/Recent-Travel-Blogs-RSS?i=HH1ULH" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/Recent-Travel-Blogs-RSS?a=86qM4h"><img src="http://feeds.feedburner.com/~f/Recent-Travel-Blogs-RSS?i=86qM4h" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/Recent-Travel-Blogs-RSS?a=0vqCHH"><img src="http://feeds.feedburner.com/~f/Recent-Travel-Blogs-RSS?i=0vqCHH" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/Recent-Travel-Blogs-RSS?a=f39gCh"><img src="http://feeds.feedburner.com/~f/Recent-Travel-Blogs-RSS?i=f39gCh" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/Recent-Travel-Blogs-RSS?a=4STprh"><img src="http://feeds.feedburner.com/~f/Recent-Travel-Blogs-RSS?i=4STprh" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/Recent-Travel-Blogs-RSS?a=8Lo3cH"><img src="http://feeds.feedburner.com/~f/Recent-Travel-Blogs-RSS?i=8Lo3cH" border="0"></img></a> <a href="http://feeds.feedburner.com/~f/Recent-Travel-Blogs-RSS?a=0HFC8h"><img src="http://feeds.feedburner.com/~f/Recent-Travel-Blogs-RSS?i=0HFC8h" border="0"></img></a> </div>

students
<img src="http://images.jrcinteractive.com/binaries/FSImage/2008/05/16/66317366_1001.jpg" height="70">Shawnda Kohr of Exton, niece of Bonnie Dunn of Exton and a senior at Milton Hershey School, has been named Scholar of the Month for March.

Hershey man grabs Dream of victory
Corey Caugherty reached for his star and grabbed it at the fifth annual Lebanon Idol competition yesterday. The Hershey man belted out ?At This Moment,? the 1987 chart-topper by Billy Vera and the Beaters, in the semifinal, then sang ?The<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Education - Milton Hershey School - Pittsburgh, PA
Got the empty nest blues? In a retirement rut? We may be the cure for you! Fulfilling opportunities at Milton Hershey School! Milton Hershey School has numerous... (From Monster)

The Hershey Company Announces New Stock Purcha...
HERSHEY, Pa., Jan. 27 /PRNewswire-FirstCall/ -- The Hershey Company (NYSE:HSY) and Hershey Trust Company, as trustee for the Milton Hershey School Trust, announced today that they have entered into an agreement<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Hershey, Cadbury to Combine?
<a href="http://www.bloomberg.com/apps/news?pid=20601087&sid=aET4L3rg_Xk0">http://www.bloomberg.com/apps/news?pid=20601087&sid=aET4L3rg_Xk0</a> Mars's Wrigley Purchase May Push Hershey, Cadbury to Combine By Josh Fineman and Chris Burritt April 29 (Bloomberg) -- Hershey Co., the biggest U.S. chocolate maker, and Cadbury Schweppes Plc may be forced to merge after Mars Inc. agreed to buy Wm. Wrigley Jr. Co. for $23 billion to create the world's biggest candy maker. Combining Hershey's namesake chocolate bars and Cadbury's Trident gum and Certs mints would create a company with 15.6 percent of the world's candy market, pushing it past the 14.1 percent share held by Mars and Wrigley. Hershey has lost market share to Mars the past two years, and is confronting rising costs for cocoa, energy and milk. The largest U.S. chocolate maker reported first-quarter profit dropped 32 percent last week, while Cadbury, which plans to spin off its Dr Pepper Snapple Group Inc. drinks May 7, has reported declining earnings since the second half of 2006. ``It could prompt them to come back to the table again and revisit the potential,'' said Matt Arnold, an analyst with Edward Jones & Co. in St. Louis, who advises investors to buy Hershey shares. The combination of Wrigley and Mars ``is a much stronger competitive threat long term to Hershey,'' he said. Hershey's last attempt to combine with a rival failed when the charitable trust that controls the chocolate maker cancelled a 2002 auction that attracted bids from Wrigley, Cadbury and Nestle SA. Last year, the trust discussed how to merge Hershey with Cadbury without decreasing the trust's ownership, according to the Wall Street Journal. Tim Reeves, a spokesman for the trust, declined to comment. The Trust was established by founder Milton Hershey and his wife, Catherine, in 1909, and exercises voting rights on behalf of the private Milton Hershey School. Hershey rose $1.61, or 4.6 percent, to $36.35 in New York trading, while Cadbury climbed 15.5 pence, or 2.8 percent, to 579 pence in London. More Sales The combination of Mars and Wrigley will have $27 billion in annual sales -- including pet food -- compared with Hershey's $4.9 billion in annual sales and Cadbury's 8 billion pounds ($15.9 billion). Mars and Chicago-based Wrigley together will control almost 28 percent of the U.S. candy market, eclipsing Hershey's 24 percent share of consumer purchases, according to Euromonitor International Inc. in Chicago, citing 2006 sales. Cadbury is the world's biggest candy maker with 10.1 percent share. ``Not only do we believe that it is extremely unlikely that Cadbury would make a successful bid for Hershey, but we do not see other potential suitors either,'' Alexia Howard, an analyst at Sanford C. Bernstein, who advises investors to sell the shares, wrote in a note today. Health Food Possible suitor Nestle is focused on healthy products and Kraft Foods Inc. sold its Lifesavers and Altoids businesses to Wrigley in 2005 to exit the U.S. candy market, Howard said. Still, the need to compete with a larger competitor may make it more difficult for Hershey to continue without a partner with which it can combine resources, said Eric Katzman, an analyst at Deutsche Bank Securities Inc. ``The deal between Mars and Wrigley will put pressure on the Hershey Trust, who has steadfastly opposed a change in strategic independence, to reconsider its previous discussions with Cadbury,'' Katzman wrote in a note to investors. Wrigley jumped $14.46, or 23 percent, to $76.91 at 4:15 p.m. in New York Stock Exchange composite trading. McLean, Virginia-based Mars is the eighth-largest private company in the U.S., Forbes magazine said in November. Cadbury, the maker of Dairy Milk chocolate, bought Pfizer Inc.'s Adams candy unit for $4.2 billion in 2003 to become the world's second-largest maker of chewing gum. After the May 7 split, it will trade as Cadbury Plc in London, with Dr Pepper Snapple trading in the U.S. ``You have to get more efficient on the selling and distribution side, and that's why I think the other players will need to consolidate,'' Mariann Montagne, a Thrivent Asset Management analyst in Minneapolis, said yesterday in a Bloomberg Television interview. Potential acquirers are Nestle and Kraft Foods, the world's two largest foodmakers, she said. Thrivent manages more than $73 billion with 34,406 Wrigley shares on Dec. 31. To contact the reporter on this story: Josh Fineman in New York at <a href="mailto:jfineman@bloomberg.net">jfineman@bloomberg.net</a>.

Houseparents Needed - Hershey, PA
Across Milton Hershey School's beautiful Hershey, PA campus, amazing things happen daily. Children who may have once seen only limitations are inspired to find their full potential. Advertisement: <a href='http://feeds.feedburner.com/~r/WorkingCouples/~3/150594952/houseparents-needed-hershey-pa' rel="nofollow"></a> <a href="http://www.workingcouples.com/jobs/houseparents-needed-hershey-pa">read more</a><div class="feedflare"> <a href="http://feeds.feedburner.com/~f/WorkingCouples?a=gOQvN4Zx"><img src="http://feeds.feedburner.com/~f/WorkingCouples?i=gOQvN4Zx" border="0"></img></a> </div>

Assistant Instructional Advisor, Animal Center, Full-Time (Milton Hershey School)
Location: Hershey, PA

Davenport: School's future is new president's challenge
York, deputy chief administrative officer for the U.S. House of Representatives, vice president of finance and operations for Milton Hershey School and chief financial officer for the Seattle Public School System.He served as provost of the San Diego<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Harold William Bonner
were married for 68 years. Prior to entering the Air Force, he was director of religious education at Milton Hershey School for Boys, where he and his wife were house parents for a group of boys. He also was pastor of a church in Greencastle. He and his<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Hundreds attend final tribute for regional educator
for something different."Last fall, he and his wife Pamela went on to work as house parents at the Milton Hershey School in Hershey. Students from the school were among the 1,000 people who attended Mr. Valvano's viewing on Tuesday. On Wednesday, his<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Mars Deal May Spark Hershey-Cadbury Combo
Hershey Co., the biggest U.S. chocolate maker, and Cadbury Schweppes Plc may be forced to merge after Mars Inc. agreed to buy Wm. Wrigley Jr. Co. for $23 billion to create<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Palmer: Kraft could divest brands to buy Cadbury
<img class="mt-image-left" style="margin: 0pt 20px 20px 0pt; float: left;" alt="palmer.png" src="http://www.thedeal.com/dealscape/images/palmer.png" height="90" width="70" />The $23 billion Mars Inc.-Wm. Wrigley Jr. Co. deal has kicked off consolidation in the confectionery space, leaving Cadbury Schweppes plc under pressure and exposed as a target. With Cadbury <a href="http://www.thedeal.com/servlet/ContentServer?pagename=TheDeal/TDDArticle/TDStandardArticle&bn=NULL&c=TDDArticle&cid=1205222682443">set to split its U.S. drinks business</a> from its confectioner operations in early May, the timing could be right for a strategic to make a move. There are two potential suitors that may want to gobble up Cadbury: Hershey Co. and Kraft Foods Inc. David Palmer, an analyst at UBS Investment Research, who released <a href="http://www.ibb.ubs.com/Institutions/investment_research.shtml">a report</a> Tuesday on the Mars-Wrigley implications, offered The Deal some insight, including the possibility of Kraft divesting assets to buy Cadbury. The acquisition of Cadbury would be a natural move for Kraft, which also owns brands such as Oreo, Lu, Newtons, Nabisco, Chips Ahoy and Toblerone, to scale up its international business. Plus, Kraft's confectionery business overlaps with Cadbury's in 80% of international markets. "If Kraft wants to become bigger internationally, buying Cadbury would do that. They just bought <a href="http://www.thedeal.com/servlet/ContentServer?pagename=TheDeal/TDDArticle/TDStandardArticle&bn=NULL&c=TDDArticle&cid=1193281680358">Danone's biscuit business</a>, but if their hand is forced they may go for it," he said. "They may sell some sauces, condiments or dressings, and Heinz might be a buyer of these." Palmer did not speculate as to which brands Kraft might unload, but it owns sauces such as A1, Kraft dressings and mayonnaise, and ketchup. However, Kraft wouldn't be the only bidder for Cadbury as Hershey also stands to gain from buying its British rival. According to Palmer's report, the Mars-Wigley combination holds a 26% market share versus a 23% advantage over Hershey in the North American confectionery market. Hershey is one of Cadbury's biggest competitors in the North American market. The combination could up Hershey and Cadbury to 30% over the Mars-Wrigley 26%. However, an acquisition of Cadbury by Kraft could potentially, "sway the balance of power," Palmer said.  This being the case, Hershey has to make a move. However, the Pennsylvania-based company faces a major hurdle: its ownership structure, which has proved a problem to dealmaking in the past. Hershey's controlling shareholder is a charitable trust, the Milton Hershey School Trust. <a href="http://www.bloomberg.com/apps/news?pid=20601109&sid=am12WlcrxAzk&refer=home">Hershey's tried in 2002</a> to merge with Wrigley in a $12.5 billion deal that would have led to the trust's exit, but legal intervention led to a change in trustees. The new trustees are committed to keeping control, so any deal would have to avoid dilluting the trust's stake. However, Hershey Trust's chief executive Robert Vowler, Hershey's top shareholder, <a href="http://www.reuters.com/article/ousiv/idUSL1078738920080413">will retire in April 2009</a>. Consequently, Hershey might strike up a joint venture with Cadbury similar to the <a href="http://www.thedeal.com/servlet/ContentServer?pagename=TheDeal/TDDArticle/TDStandardArticle&bn=NULL&c=TDDArticle&cid=1190001864486">SABMiller plc and Molson Coors Brewing Co.</a> venture, notes Palmer. "Arch enemies can get together in a creative deal. Hershey desperately needs to find synergies and other sources of growth in order to compete. They are in need of a deal, and if Hershey will not sell itself, then they will be stuck between a rock and a hard place," Palmer said. - Maria Woehr <a href="http://www.thedeal.com/dealscape/2008/04/dealwatch_confectioners_hershe.php">See Dealwatch: Confectioners: Mars, Wrigley, Cadbury and Hershey</a> <a href="http://www.thedeal.com/dealscape/2008/04/mars_chews_up_wrigley.php">See Dealscape: Mars chews up Wrigley</a>

Same Merger Fever, different players
 <div><a href="http://www.bloomberg.com/apps/news?pid=20601087&sid=aET4L3rg_Xk0&refer=home" target="_blank">http://www.bloomberg.com/apps/news?p...Xk0&refer=home</a> Mars Purchase May Push Hershey, Cadbury to Combine (Update1) By Josh Fineman and Chris Burritt April 29 (Bloomberg) -- <a href="http://www.bloomberg.com/apps/quote?ticker=HSY%3AUS" target="_blank">Hershey Co.</a>, the biggest U.S. chocolate maker, and Cadbury Schweppes Plc may be forced to merge after Mars Inc. agreed to buy Wm. Wrigley Jr. Co. for $23 billion to create the world's biggest candy maker. Combining Hershey's namesake chocolate bars and Cadbury's Trident gum and Certs <a href="http://www.bloomberg.com/apps/quote?ticker=CBRY%3ALN" target="_blank">mints</a> would create a company with 15.6 percent of the world's candy market, pushing it past the 14.1 percent share held by Mars and Wrigley. Hershey has lost market share to Mars the past two years, and is confronting rising <a href="http://www.bloomberg.com/apps/quote?ticker=HSY%3AUS" target="_blank">costs</a> for cocoa, energy and milk. The largest U.S. chocolate maker reported first-quarter profit dropped 32 percent last week, while Cadbury, which plans to spin off its Dr Pepper Snapple Group Inc. drinks May 7, has reported declining <a href="http://www.bloomberg.com/apps/quote?ticker=CBRY%3ALN" target="_blank">earnings</a> since the second half of 2006. ``It could prompt them to come back to the table again and revisit the potential,'' said <a href="http://search.bloomberg.com/search?q=Matt+Arnold&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1" target="_blank">Matt Arnold</a>, an analyst with Edward Jones & Co. in St. Louis, who advises investors to buy Hershey shares. The combination of Wrigley and Mars ``is a much stronger competitive threat long term to Hershey,'' he said. Hershey's last attempt to combine with a rival failed when the charitable trust that controls the chocolate maker canceled a 2002 auction that attracted bids from Wrigley, Cadbury and Nestle SA. Last year, the trust discussed how to merge Hershey with Cadbury without decreasing the trust's ownership, according to the Wall Street Journal. Tim Reeves, a spokesman for the trust, declined to comment. The Trust was established by founder Milton Hershey and his wife, Catherine, in 1909, and exercises voting rights on behalf of the private Milton Hershey School. Cadbury Response Calls to Cadbury were referred to Maitland Consultancy, where a spokeswoman who declined to identify herself wouldn't comment. Cadbury climbed 1.5 pence to 580.5 pence at 1:18 p.m. in London, while Hershey rose $1.61, or 4.6 percent, to $36.35 in New York <a href="http://www.bloomberg.com/apps/quote?ticker=HSY%3AUS" target="_blank">trading</a> yesterday. The combination of Mars and Wrigley will have $27 billion in annual sales -- including pet food -- compared with Hershey's $4.9 billion in annual <a href="http://www.bloomberg.com/apps/quote?ticker=HSY%3AUS" target="_blank">sales</a> and Cadbury's 8 billion pounds ($15.9 billion). Mars and Chicago-based Wrigley together will control almost 28 percent of the U.S. candy market, eclipsing Hershey's 24 percent share of consumer purchases, according to Euromonitor International Inc. in Chicago, citing 2006 sales. Cadbury is the world's biggest candy maker with 10.1 percent share. ``Not only do we believe that it is extremely unlikely that Cadbury would make a successful bid for Hershey, but we do not see other potential suitors either,'' <a href="http://search.bloomberg.com/search?q=Alexia+Howard&site=wnews&client=wnews&proxystylesheet=wnews&output=xml_no_dtd&ie=UTF-8&oe=UTF-8&filter=p&getfields=wnnis&sort=date:D:S:d1" target="_blank">Alexia Howard</a>, an analyst at Sanford C. Bernstein, who advises <a href="http://www.bloomberg.com/apps/quote?ticker=HSY%3AUS" target="_blank">investors</a> to sell the shares, wrote in a note.</div> 

Hersheypark Kicks Off Second Century of Happy
Apr. 28th, 2008 -- HERSHEY, PA - More than 2.7 million guests visited Hersheypark in 2007 and joined the festivities during its Centennial season. Now, as the Park launches its 101st season, guests can enjoy<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

7/24/2008: Calgary Business: Hershey beats forecast
Hershey Co. posted higher-thanexpected quarterly sales and earnings Wednesday as the chocolate company benefited from an overhaul of its supply chain and increased advertising spending, sending its shares up 4.5 per cent. Hershey, which has been...<hr>This item provided by <a href='http://digital.calgaryherald.com/epaper/viewer.aspx?issue=10322008072400000000001001&page=64&article=cf07496b-c2da-406b-8f5a-284886b684a3&key=tkY57VP9LjkZS48XiAAxug%3d%3d&feed=rss'>Calgary Herald</a>

7/24/2008: Business Ticker: Hershey profit rises to $41.5 million
Raising prices and streamlining its production lines helped Hershey Co. to sharply higher second-quarter sales and profit, the candy maker said yesterday. Hershey said it earned $41.5 million, or 18 cents a share, for the three months that ended June...<hr>This item provided by <a href='http://www.pressdisplay.com/pressdisplay/viewer.aspx?issue=11162008072400000000001001&page=35&article=ae8af1c0-9382-4bec-85e2-9f4dcfc0c5ac&key=mGA8MLBjZ41MfCWzuJAztg%3d%3d&feed=rss'>Baltimore Sun</a>

Account Executive (Washington DC/Northern, VA)
OBJECTIVE: To obtain a position as a federal account or federal sales executive using my extensive telecommunications and wireless technology background, and my twenty years of sales success. OVERVIEW: Highly successful sales professional with over twenty years of experience in solutions based selling in the telecommunications industry. Prior clients include Fortune 100 corporations, and Federal and State Government agencies. Grew existing customer base and established executive level relationships with prospective business clients. Consistently exceeded revenue quotas and met or out performed sales expectations. CORE COMPETENCIES: Active DoD Secret Clearance. Over twenty years in the telecommunications industry with specific focus on Federal Government, State Government, and large commercial accounts. Extensive background in developing C-level relationships and managing large accounts. Experienced with responding to large complex bids both in private business and government agencies. Extensive knowledge of IP, ATM, frame relay, and wireless technologies. EXPERIENCE: Sprint Nextel: 11/1987 4/2008 Client Executive - Public Sector, Federal Group 2003 2008 Focus on Federal accounts to include: Department of Homeland Security, Social Security Administration, and Department of Education. Emphasize the deployment of IP networks and wireless convergence and integration. Expanded C-level contacts within assigned agencies in order to influence procurement activities. Successfully negotiated a contract with DHS to provide Wireless Priority Service, valued at over $4.3M. Sr. National Account Manager, Wholesale Services Group 2000 2003 Wholesale customer base consisted of long distance resellers, network providers, CLECs, and cable providers. Maintain existing customer base and develop new business opportunities. Business solutions include: Full breadth of Sprint products, with a focus on dark fiber and DWDM carrier transport, long distance resale and international voice arbitrage Sr. Government Account Manager, Government Systems Division 1998 2000 Account Team Lead, responsibilities included: working with senior management of DOJ Telecommunications Services Staff and GSA to insure continuity between Sprint and DOJ with the deployment of the Justice Consolidated Network (JCN). Facilitate internal Sprint implementation team meetings to review JCN progress. Provide account team lead support for new DOJ project initiatives. Project team successfully installed over 2000 ATM and frame relay circuits across all DOJ component agencies. Grew account revenues from $12M to over $54M in annual revenue. Major Account Manager, Business Services Group 1997 1998 Responsible for a dedicated list of accounts consisting of current Sprint customers and prospect, accounts. Grow existing customer base and develop C-level contacts within prospect accounts. Accounts included; Commonwealth of PA., Hershey Foods Corporation, AMP Inc. Armstrong World Industries. National Account Manager - College/University Marketing Group 1992 1997 Vertical marketing focus providing long distance services, video conferencing services and equipment, network and data services and equipment to colleges and universities. Establish close relationships with IT Divisions and Administration officials. Additional responsibilities include assisting with product development, marketing input and staff training. Major Account Manager, Business Services Group 1987 1992 Administer account base in Pennsylvania and Maryland. Client base included Pennsylvania Blue Shield, Rite Aid Corp., Commonwealth of PA, State of Maryland, University of Maryland, and Penn State University. Responsible for developing new business opportunities in existing accounts and fostering C-level relationships within prospective accounts. Successfully grew existing account base by $6M and closed new business with $2.5M in new revenue. AWARDS: 100% Club award for sales goals achievement: 2003-2007 100% Club achievement for exceeding sales quotas by 112%: 2001 Presidents Club achievement: 1999 100% Club achievement for exceeding revenue quota: 1997-1998 Presidents Club achievement for exceeding revenue quota by 120%: 1993 100% Club achievement: 1988-1992 EDUCATION: East Carolina University Extension Liberal Arts Studies Penn State University Liberal Arts Studies Continued industry education through Sprint sponsored telecom and IT related programs. CLEARANCE: Active DoD Secret MILITARY SERVICE: US Marine Corps, Honorable Discharge <hr>This item provided by <a href='http://washingtondc.craigslist.org/nva/res/767889839.html'>craigslist | resumes / job wanted in washington, DC</a>

Hershey 2Q profits, sales up after price increase
HARRISBURG, Pa. - Hershey, the nation&#039;s largest candymaker, is reporting higher second-quarter sales and profits as it benefits from a price increase and streamlined production.The Hershey Co. said We...<hr>This item provided by <a href='http://feeds.bignewsnetwork.com/?rid=16402213&cat=3e0f27c4f0bf8c91'>Pennsylvania News latest RSS headlines - Big News Network.com</a>

Hershey earnings sweeten
candy maker said yesterday, even as it absorbs spiraling commodity costs and puts new emphasis on marketing muscle. The Hershey Co. said it earned US$41.5 million, or 18 cents a share, for the three months ended June 29, compared with last year's<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Hershey profit rises to $41.5 million
Raising prices and streamlining its production lines helped Hershey Co. to sharply higher second-quarter sales and profit, the candy maker said yesterday. Hershey said it earned $41.5 million, or 18 cents a share, for the three months that ended June...<hr>This item provided by <a href='http://www.smartbrief.com/news/IDFA/urlDetails.jsp?urlid=34C2DF67-90D5-4E5F-991F-6613CCFE5B92&sb_code=RSS&i=Candy%20%26%20Confections'>Candy & Confections News from SmartBrief</a>

7/24/2008: Business & Technology: Hershey shares jump
Shares of Hershey Co., the U.S. chocolate giant, jumped five per cent yesterday after it reported stronger sales and profits than expected. The company got a lift from more marketing, higher product prices, a venture in India and cuts to jobs,...<hr>This item provided by <a href='http://digital.ottawacitizen.com/epaper/viewer.aspx?issue=11312008072400000000001001&page=41&article=10b74582-83ab-4990-bfbb-375ad6e96ff0&key=JKYXSAYEEniK6lYg4Jgcqw%3d%3d&feed=rss'>Ottawa Citizen</a>

Hershey beats forecast - The Calgary Herald
Hershey Co. posted higher-than-expected quarterly sales and earnings Wednesday as the chocolate company benefited from an overhaul of its supply chain and increased advertising spending, sending its shares up 4.5 per cent. Hershey, which has been hammered by soaring commodity costs and a loss of market share to Mars Inc., also said repeat purchases of its Bliss chocolates, an key new product launched in March, have exceeded expectations. "It does seem as though the turnaround is gaining traction," Edward Jones analyst Matt Arnold said, noting that sales rose 5.1 per cent, the company's best sales performance in two years. Excluding...<hr>This item provided by <a href='http://www.fpinfomart.ca/doc/rss/keelangreen/ip%7Cpr_%7Cprind%7C20080724%7Ccalt200807240337%7C147/'>Marketing & Public Relations - Industry News - FPinfomart.ca</a>

United States: Hershey shares jump - The Ottawa Citizen
Shares of Hershey Co., the U.S. chocolate giant, jumped five per cent yesterday after it reported stronger sales and profits than expected. The company got a lift from more marketing, higher product prices, a venture in India and cuts to jobs, including the closing of a Smiths Falls factory and other North American plants. Profits jumped 11 fold to $41.5 million.<hr>This item provided by <a href='http://www.fpinfomart.ca/doc/rss/keelangreen/ip%7Cpr_%7Cprmaj%7C20080724%7Ccitt200807240336%7C116/'>Marketing & Public Relations - Industry News - FPinfomart.ca</a>

Hershey Posts Higher Profit As Costs Rise
By Julie Jargon Price increases helped buoy Hershey Co.'s second-quarter sales, but increased marketing spending took a bite out of higher profits. Most food companies have been raising prices as a way to offset rising ingredient and energy costs, and Hershey is no exception. The company in January announced a 13% price increase on many of its chocolate bars. The company's sales in the second quarter ended June 29 rose 5.1% to $1.11 billion, aided by the price increases as well as new products and growth from a joint venture in India. Some analysts wonder how many more price increases consumers will bear in a softening economy. "Our contacts suggest that rising industry price points (now $4-plus a bar in some cases) may limit repeat purchases," Goldman Sachs analyst Judy Hong said in a note to investors. Hershey has been struggling lately amid competition from rival Mars Inc., which has been boosting its marketing and new-product introductions. That competition is likely to get fiercer in a few months, when Mars and Wm. Wrigley Jr. Co. complete a merger. When Hershey Chief Executive David West addressed investors in June, he vowed to battle the new confectionery giant with premium-priced products and more marketing. Hershey plans to bolster its marketing spending by about 40% over the next two years. The higher marketing investment has hurt profits. Hershey said its U.S. advertising and consumer brand-building investment increased by about 30% in the second quarter. Hershey reported net income of $41.47 million, or 18 cents a share, up from $3.55 million, or one cent a share, a year earlier, when earnings were brought down by charges to cut the number of its production lines by more than one-third. Excluding charges, earnings from continuing operations fell to 29 cents from 35 cents. Hershey, which relies on the U.S. for the majority of its sales, hasn't made any big moves to broaden its global footprint. The Hershey Trust, the company's controlling shareholder, has been explicit in its desire to maintain control, which makes a merger with a more international player unlikely. Hershey's shares were up $1.90, or 5.4%, to $36.85 in 4 p.m. New York Stock Exchange composite trading Wednesday. Write to Julie Jargon at julie.jargon@wsj.com<hr>This item provided by <a href='http://online.wsj.com/article/SB121683801460777913.html?mod=yahoo_itp'>WSJ.com: In Today's Paper - U.S.</a>

Costco's Profit Is Squeezed by Jump in Costs
By Gary McWilliams and Julie Jargon Inflation is hitting one of the last bastions of healthy retailing. Discount chain Costco Wholesale Corp., one of a handful of big chains that had been thriving amid the consumer-spending slowdown, delivered a surprise profit warning Wednesday, saying that its costs for merchandise were rising faster than it could pass along price increases to consumers. The news drove down Costco stock almost 12% and depressed shares of other discounters, including Wal-Mart Stores Inc. and Target Corp. "Retailers don't have a lot of pricing power," says Love Goel, chairman of Growth Ventures Group, a private-equity firm that invests in retail businesses. "Customers are feeling poor because they feel their jobs are at risk and their houses are not worth as much." He said retail executives who once expected a retail rebound late this year have now shifted their hopes to mid-2009. Costs are rising for everything Costco sells except for clothing, said Richard Galanti, Costco's chief financial officer, adding that there was little indication of price relief ahead. Paper goods, food, meats and grains that had been rising modestly are now as much as 10% higher in some cases, he said. Inflation, especially among food companies, has accelerated this year, due to price increases in corn, wheat and other staples, and continued transportation cost increases. Sanford C. Bernstein & Co. estimates that food prices from six major packaged goods companies rose 5.5% on average in the 12 weeks ended June 14 -- compared with an average 2.9% increase measured in the spring of 2007. One big food company, Hershey Co., in January announced a 13% price increase on many of its chocolate bars. Costco, based in Issaquah, Wash., had been among the retailers most benefiting from bargain-hunting shoppers trading down from more expensive outlets. In June, the chain reported a 9% rise in sales at stores open at least a year, with nearly half of the increase due to rising prices for gasoline, which the company sells at about 400 of its 500 stores. But margins on fuel sales have been weak, crimping profits overall, said Mr. Galanti. Inflation in raw materials prices is expected to continue, he said. In addition, costs of seasonal items for Christmas are rising as much as 12% while costs for patio furniture slated to arrive in stores next spring are up as much as 15%, Mr. Galanti said. Consumers have felt the pinch of rising prices, but Costco and other retailers have often resisted passing along all their cost increases to avoid losing sales to rivals. Costco had been expected to report profit of $1 a share for its fiscal fourth quarter ending Aug. 31, according to Thomson Reuters. The retailer Wednesday didn't give a profit estimate for the quarter but said earnings will fall "well below" Wall Street's expectations. In the year-ago final period, it earned $372.4 million, or 83 cents a share, on sales of $20.5 billion. At 4 p.m. in Nasdaq Stock Market composite trading, Costco stock fell $8.57 to $63.43. Write to Gary McWilliams at gary.mcwilliams@wsj.com and Julie Jargon at julie.jargon@wsj.com<hr>This item provided by <a href='http://online.wsj.com/article/SB121680042088976807.html?mod=yahoo_itp'>WSJ.com: In Today's Paper - U.S.</a>

Quarterly results easier to swallow
Bolstered by price hikes and strong performances from many of its core brands, The Hershey Co. on Wednesday reported sales and earnings for the second quarter that were a shade above analysts' expectations. In response, Hershey stock showed some life<hr>This item provided by <a href='http://w.moreover.com'>Moreover</a>

Hershey finds life is so much sweeter this year
 HERSHEY Co, the biggest United States chocolate maker, has reported second-quarter profit and sales that rose more than analysts estimated as it increased prices and didn't have the costs that hurt earnings a year...<hr>This item provided by <a href='http://www.shanghaidaily.com/article/?id=367935'>Shanghai Daily: Business</a>

Hershey beats forecast
Hershey Co. posted higher-than-expected quarterly sales and earnings Wednesday as the chocolate company benefited from an overhaul of its supply chain and increased advertising spending, sending its shares up 4.5 per cent.<img src="http://feeds.canada.com/~r/canwest/F272/~4/344393812" height="1" width="1"/><hr>This item provided by <a href='http://feeds.canada.com/~r/canwest/F272/~3/344393812/story.html'>Calgary Herald - Calgary Business</a>

United States: Hershey shares jump
Shares of Hershey Co., the U.S. chocolate giant, jumped five per cent yesterday after it reported stronger sales and profits than expected. The company got a lift from more marketing, higher product prices, a venture in India and cuts to jobs, including the closing of a Smiths Falls factory and other North American plants. Profits jumped 11 fold to $41.5 million.<img src="http://feeds.canada.com/~r/canwest/F293/~4/344387404" height="1" width="1"/><hr>This item provided by <a href='http://feeds.canada.com/~r/canwest/F293/~3/344387404/story.html'>Ottawa Citizen - Business & Technology</a>

WSJ UPDATE: Hershey's 2Q Net Lifted By Price Increases; 498 words
 Of THE WALL STREET JOURNAL Price increases helped buoy Hershey Co.'s (HSY) second-quarter sales, but increased marketing spending took a bite out of profits.<hr>This item provided by <a href='http://secure.alacra.com/asp/afg/alerts.asp?userid=44245&component=factiva&id=DJ00000020080723e47n000fr'>Alacra Alerts</a>