Pieces of Bazooka bubble gum are arranged for a photograph. Photo: Jay Paul/Bloomberg via Getty Images
Former Disney CEO Michael Eisner wants to give investors something to chew on — literally, with the sale of the iconic gum business Bazooka Candy Brands.
Why it matters: While the M&A market remains lackluster, strategics have been on a feeding frenzy to scoop up snacky assets at attractive price points.
