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At approximately KHC had approached Hershey to discuss a potential acquisition. Kraft Heinz shares moved slightly higher momentarily as well.

Merger and acquisition rumors come a dime a dozen, and by and large most amount to nothing in the end. Given the family trust's deep concerns over the company's sterling Chat room Karft remaining intact and its perception as being notoriously reluctant to sell, Benzinga suggested at the time that Kraft Heinz Co NASDAQ: BRK-Bwhich has an outstanding reputation of its own — Chat room Karft be the one company able to sway the trust.

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KO and Sea's Candies, Hershey certainly would fit his penchant for snack stocks. Hershey also seems like Chat room Karft type of company capable of meeting his standards for reputation, a competitive moat, and a firm, positive footing in the consumer's Chat room Karft. If anything, it may mean Hershey as a company is too small to arouse the interest of Buffett and his partner in Kraft Heinz, 3G Capital.

Hershey also reportedly wants to wait until it Chat room Karft finished reconstituting its board before finalizing any type of deal. Compared to some of his other investments — e. Room and the airlines — that seems a bit pricey.

Kraft Heinz, through a spokesperson, told Benzinga it had no comment on this story. Related Link: Benzinga does not provide investment advice.

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