(Reuters) - Hershey Co (N:HSY), the maker of Reese's Peanut Butter Cups and Hershey's Kisses, is nearing a deal to buy SkinnyPop parent Amplify Snack Brands (N:BETR) for $1.6 billion, CNBC reported on Monday.
The deal would value Amplify at $12 a share, CNBC also reported, citing sources familiar with the matter. (http://cnb.cx/2B8L0eI)
Hershey's and Amplify were not immediately available for comment outside regular U.S. business hours.