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HERSHEY ENDS BUYOUT OF LEAF

HERSHEY, Pa. -- In a $330 million deal, Hershey Foods U.S.A. has completed its acquisition of Leaf's North America confectionery operations.erlari Srl, have been purchased by Leaf as part of the transaction. Leaf's parent, Huhtamaki Oy, is based in Helsinski, Finland.Both companies have also entered into a licensing arrangement, under which Hershey will manufacture, market and distribute Leaf's North

HERSHEY, Pa. -- In a $330 million deal, Hershey Foods U.S.A. has completed its acquisition of Leaf's North America confectionery operations.

erlari Srl, have been purchased by Leaf as part of the transaction. Leaf's parent, Huhtamaki Oy, is based in Helsinski, Finland.

Both companies have also entered into a licensing arrangement, under which Hershey will manufacture, market and distribute Leaf's North American confectionery brands, including Jolly Rancher, Whoppers, Good & Plenty, PayDay, Heath, Milk Duds and Xylifresh gum. Additional gum brands included in the acquisition are Super Bubble and Rainblo.