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Article: Tootsie Roll doesn't have pop in market
- Article from:
- The Beacon News - Aurora (IL)
- Article date:
- May 7, 2003
- Author:
CopyrightCopyright (c) 2003 The Beacon News. (Hide copyright information)
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Dear Mr. Berko: I have always been interested in Tootsie Roll, which was my favorite candy when I was a kid. I recently saw the stock trading at $29 a share. That is down from $48 last year. Do you think it would be good to buy 30 shares for my individual retirement account?
-- KF, Aurora
Dear KF: Melvin Gordon, Tootsie's 83-year-old chairman and chief executive officer, and Ellen Gordon, Tootsie's 71-year-old president and chief operating officer, control 74 percent of the voting power of this 107-year-old candy company.
The Gordons have been running Tootsie Roll Industries Inc. (TR- $29) since 1962 Amazingly, today's Tootsie Roll tastes the same as it did 107 years ago and still sells ...
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Article: Tootsie Roll to buy Concord.(Vending Market Watch)
Automatic Merchandiser;
September 1, 2004 ;
411 words
...Tootsie Roll Industries Inc. said ... News. Chicago-based Tootsie Roll Industries Inc., which produces Andes Candies and Junior Mints, said the purchase price ... term bank financing. Tootsie Roll said that as part of the ...
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