Mars, Inc. announced a merger agreement with Chicago-based Wm. Wrigley Jr. Company in a transaction valued at approximately $23 billion. Under the terms of the agreement, Wrigley will become a separate and standalone subsidiary of Mars.
With the US and South Korea now exploring a possible free trade agreement, Cal Dooley, president and CEO of the Food Products Association, says a deal between the two countries could be beneficial to the food industry.
Thirteen workers were killed and more than 60 seriously injured in a catastrophic dust explosion at Imperial Sugar in Port Wentworth, GA on February 7, 2008.
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