Mars Inc. and Warren Buffet have bought Wm Wrigley Jr Co., the largest chewing gum manufacturer in the world. The news shook the banking sector because the sale came as a surprise.
In effect this new conglomerate becomes the largest confectionery company in the world; predicted hold; 14.4% of the global market. Stocks of the company rose significantly and closed at $62.45 Friday.
Cadbury Schweppes at 10% of the global market had a rise in shares of 3.5% in the hope a takeover may be imminent.
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Wrigley Chewing Co. Sells for $23 billion

The University of East Anglia is about to begin a study on the effect of chocolate in reducing heart disease in women with type 2 diabetes. 150 women will be needed to eat chocolate daily for a whole year.
Singing diva Jennifer Lopez has signed a deal with TLC to star in her own reality TV show. The show will be unscripted, and will follow Lopez as she juggles her busy career with new motherhood. She and husband Marc Anthony recently had twins.






