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Hershey Company (The)

Close the acquisition of Lily's Confectionery

Delivered by the deadline

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced
18 May 2021
Due
31 Aug 2021
Delivered
25 Jun 2021
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“The acquisition is subject to customary regulatory approvals and is expected to close in the next few months.”

What we found

Evidence strength A What the grades mean

The company completed the acquisition of Lily's Sweets, LLC on June 25, 2021, which is within the expected timeframe.

  • A
    Hershey Company (The) 10-Q filed 2021-10-28 Regulatory filing · published 28 Oct 2021 · retrieved 18 Oct 2026 · kept permanently by the SEC · fingerprint 5da8e6104939
    “On June 25, 2021, we completed the acquisition of Lily’s Sweets, LLC (“Lily’s”)” ✓ confirmed on the page

Market reaction: the shares moved -4.0% against the S&P 500 over the three sessions around the disclosure (27 Oct 2021 to 1 Nov 2021). What this measures

Checked 18 Oct 2026.

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Acquisition close
Indicative materiality
High rules
Action
Close
Deliverable
acquisition of Lily's Confectionery
Language
Expected (“expects”, “plans”)
In the company’s control
Medium
Specificity
Medium
Conditional
Yes: subject to customary regulatory approvals
Depends on
Regulatory

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: disagreesClaude (Anthropic) re-read the evidence blind and read it as “Late”.
  4. Tie-breakA stronger model read the evidence and both earlier answers, without knowing which was recorded, and agrees with the recorded outcome.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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Report an error in this entry Reference: KI-C-2021-HSY-014165 · Corrections policy

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