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Mondelez (MDLZ) International Reports Acquisition of Tate's Bake Shop for Approx. $500M
May 7, 2018 5:51 AM EDTMondelz International (NASDAQ: MDLZ) today announced an agreement with The Riverside Company, a global private equity firm, and other shareholders, including Founder Kathleen King, to acquire Tates Bake Shop for approximately $500 million. Known for its signature thin-and-crispy cookies with simple, authentic, high-quality ingredients, Tates is a fast growing, premium cookie and baked goods brand.
Founded in 2000 on Long Island, N.Y., Tates has cultivated a devoted consumer following across the country. With a strong founder story and on-trend products, Tates has been one of the fastest growing biscuit... More
Notable Bullish Options Activity in Mondelez (MDLZ) Targets Upside in Shares Through September -Susquehanna
May 4, 2018 1:57 PM EDTSusquehanna options strategist Alison Edwards highlights notable bullish options activity in Mondelez (NASDAQ: MDLZ), as investor bought 5k Sept 40 (.40d) calls for $1.17 and $1.30, creating 200k shares to buy.
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