Brad Reese

So in 1963, it was seven years after his death, my father and his five brothers merged the H.P.

Reese Candy Company with Hershey Chocolate in a tax-free stock-to-stock merger.

And we received 616,316 shares, which after two-for-one, three-for-one, two-for-one, and two-for-one stock splits are now 16 million shares.

And they're paying up.

They're paying an annual cash dividend with $5 and 48 cents per share, uh, dividends.

And I did help stop the sale of Hershey in 2002, uh, William Wrigley, uh, and made a $12.5 billion offer.

That was a done deal.

I fought tooth and nail, uh, because I was only seven years old when Reese merged with Hershey.

And as an adult, I wasn't going to allow the HP Reese candy company, which does businesses Hershey company being sold.

And like I said, it was a done deal, but I helped stop that sale.

And since stopping that, uh,

the cash dividend has gone up 800%.

Well, yeah.

So there is, my understanding, chaos at the Reese plant.

It's interesting because

So the cheap ingredients that they're using, compound coatings, are not working well with the chocolate machinery.

Hello?

So apparently it's breaking down the production line.

And, I mean, there's a revolving door, I guess, in personnel.

Again, this is scuttlebutt, okay?