Tuesday 29. April 2008
Mars Announces Merger Agreement with Wm. Wrigley
Mars, Incorporated (“Mars”) announced today a merger agreement with Chicago-based Wm. Wrigley Jr. Company (NYSE:WWY) (“Wrigley”) in a transaction valued at approximately $23 billion. Under the terms of the agreement, Wrigley will become a separate, stand-alone subsidiary of Mars. With $5.4 billion in sales, Wrigley is a world leader in gum and confections.