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SABMiller, AB InBev reach agreement on acquisition offer

BY David Salazar

BRUSSELS, Belgium — Two of the biggest beer makers in the world will soon be merging, as news emerged Tuesday that SABMiller had agreed to the terms of Anheuser-Busch InBev’s latest offer to acquire the company. After several rejected offers, SABMiller has accepted AB InBev’s proposal to pay 44 pounds ($67.14) per share in cash per share of the company, with a partial share alternative for 41% of SABMiller’s shares.

The all-cash offer is a 50% premium on the closing price of SABMiller’s shares on Sept. 14 (the last business day before AB InBev started approaching the company with acquisition offers).

The deal would total around $106 billion if SABMiller’s board decides to move forward on the tentative agreement. 

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Mars unveils new offerings at NACS Show

BY David Salazar

HACKETTSTOWN, N.J. — Mars Chocolate North America this week has announced a lineup of new products that it will roll out in the next few months — news shared at the annual National Association of Convenience Stores Show in Las Vegas, Nev. Among the new products are a new variety of Snickers Bar and M&Ms — Snickers Crisper and M&M’s Crispy Candies. 

“Snickers Bar is the top-selling and fastest-turning item on shelf, so shoppers will be eager to pick up new Snickers Crisper,” Mars North America’s VP sales Tim LeBel said. “This new item — along with new M&M's Crispy Candies — answers consumers' desire for new textures, which has created a Crispy Crunchy Segment within the chocolate category.”

The full line of new snacks and products includes:

  • Snickers Crisper, which combines crisped rice and peanut beneath a layer of caramel, all coated in milk chocolate;
  • goodnessknows Snack Squares, which will be available in cranberry almond dark chocolate, apple almond and peanut dark chocolate and cherry almond dark chocolate;
  • Combos Baked Snack chocolate fudge pretzel, which have a creamy fudge filling inside a pretzel shell;
  • Dove Chocolate Fruit & Nut, which features fruit and spiced nuts in Dove chocolate and will debut in strawberry and cocoa almond, blueberry and vanilla cashew and raspberry and honey roasted almond;
  • M&M’s to-go bottle, which are reusable bottles that can be re-used and contain M&M’s or peanut M&M’s;
  • M&M’s relaunched Brand Box Pack format;
  • Milky Way Midnight bar, which will be available in a 2 To Go size; and 
  • Seasonal shapes of snacks like Twix Ghosts, Santas, Hearts and Eggs; Snickers Pumpkins, Christmas Trees, Hearts and Eggs; and Milky Way Simply Caramel Bunnies.

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CandyRific readies for Halloween with M&M’s dispenser

BY David Salazar

LOUISVILLE, Ky. — Candyrific is rolling out new products, including a collectible candy dispenser just in time for Halloween. Among the company’s latest offerings is a candy dispenser featuring the M&M’s Blue Character wearing a skeleton costumes. M&M’s are one of the most popular brands purchased around Halloween, according to Mars. 
 
“This M&M’s Brand Collectible Halloween Dispenser has been extremely popular,” CandyRific VP sales Clark Taylor said. “There are thousands of M&M’S® Brand collectibles online, and this is the perfect addition to every collection.”  
 
In addition to its new M&M’s offering, CandyRific has also been granted rights to create candy novelties featuring characters from the film “Minions,” which was one of the summer’s biggest movies. Among the minions offerings is a fan that holds candy and features Kevin, one of the movie’s main characters. 

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