During Dave West's tenure as CEO, Hershey accelerated top and bottom-line growth. In his new position, he is expected to lead Del Monte in the next phase of its development and growth.
The acquisition will increase the accessibility of real-time video and voice communications, bringing benefits to both consumers and enterprise users and generating significant new business and revenue opportunities.
The US Department of Justice said the deal as proposed would "substantially lessen competition in three product marketsvalue shampoo, value conditioner and hairspray sold in retail stores."