212-481-6800 info@brandbase.com

IMG_8413_1920x800r3Tootsie Roll Industries CEO Melvin Gordon has died at 95, after half a century in charge of the publicly traded maker of Tootsie Rolls, Junior Mints and other candies. The Gordon family holds a controlling stake in the company and has long been quiet on its workings. With Gordon’s wife, Ellen, taking over as CEO, investors speculated Wednesday that a sale is more likely.

Read more here.