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  • Tootsie Roll CEO Passes Away, Speculations of a Merger Rife - Analyst Blog
    Shares of Chicago-based Tootsie Roll Industries Inc. (TR) ??? a seller of chewy chocolates and confectionery products in the U.S., Canada and Mexico ??? rallied more than 2.5%.

  • Tootsie Roll Succession May Open Door for Sale: Real M&A
    Tootsie Roll Industries Inc. (TR) is now in play for buyers willing to pay the richest valuation in confectionery history.

  • Tootsie Roll’s 95-Year-Old CEO Dies; His Wife Takes Reins
    Tootsie Roll Industries Inc. (TR) Chairman and Chief Executive Officer Melvin Gordon died Tuesday in Boston at the age of 95 after a brief illness. His wife, Ellen Gordon, will take over his positions.

  • Tootsie Roll's 95-year-old CEO dies, sparks takeover speculation
    The chief executive of Tootsie Roll Industries Inc has died after more than half a century at the helm of the U.S. candy maker, sparking speculation that the company could soon be ripe for acquisition. Tootsie Roll's shares rose as much as 8 percent to a 17-month high of $33.28 on Wednesday. Melvin Gordon died, aged 95, after a brief illness, according to a statement from the company he had ...

  • Tootsie Roll Industries chief executive dies at 95
    Melvin Gordon, who led Tootsie Roll Industries Inc. for more than five decades, has died at age 95. Gordon, the company's chairman and CEO, died Tuesday in Boston after a brief illness, said Brooke Vane, ...

  • Tootsie Roll Succession Puts Spotlight on Aging CEO Ranks
    The death of Tootsie Roll Industries Inc. (TR)'s 95-year-old chief executive officer is casting a spotlight on the graying ranks of American CEOs and board members over the past decade. Typical CEOs have spent 18.3 years with their companies, compared with 14.8 a decade ago, Spencer Stuart found. Tootsie Roll's Melvin Gordon, who died Tuesday after a brief illness, was one of a handful of 80 ...

  • Tootsie Roll chief Melvin Gordon dies at 95
    Tootsie Roll Industries' reclusive Chairman and Chief Executive Officer Melvin Gordon has died, according to a statement from the company's public relations firm. He was 95.

  • Tootsie Roll Appoints 83-Year-Old Widow as CEO; Sale Rumors Swirl
    Ellen Gordon, 83, will succeed her 95-year-old husband, Melvin, who was the oldest CEO of any company listed on the New York Stock Exchange or the Nasdaq Stock Market.

  • Melvin Gordon, CEO who built empire from Tootsie Rolls, dies
    Melvin Gordon, who helped turn the enduring popularity of the humble Tootsie Roll into a candy empire, has died. He was 95. The longtime Tootsie Roll Industries Inc. chairman and CEO died Tuesday in Boston ...

  • Tootsie Roll CEO Melvin Gordon dies at 95
    Melvin J. Gordon ran Chicago-based candy-maker Tootsie Roll Industries for more than 50 years and held the distinction of being the oldest CEO of any business listed on the New York Stock Exchange or the Nasdaq Stock Market.

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