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NEW YORK, Aug. 15, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Mars, Inc. (“Mars”) and Kellanova (NYSE: K). Investors who purchased Kellanova and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/k.
In the wake of Mars' recent acquisition of Kellanova, both companies are navigating a digital landscape to assert their leadership in digital innovation. Mars, a global powerhouse with a diverse portfolio spanning pet care, snacking and food, is committed to enhancing its digital footprint.
In a standout M&A move, Mars, Inc. has agreed to acquire Kellanova K for $83.50 per share, marking a 44% premium over its 30-day average price. The $35.9 billion transaction is anticipated to be finalized in the first half of 2025, subject to shareholder and regulatory approvals.
Mars, the owner of M&M's, is shelling out $35.9 billion to acquire snack food company Kellanova, which makes beloved crunchy delicacies like Cheez-Its and Pringles. While not long ago, the growing popularity of weight-loss drugs like Ozempic, Wegovy, and Mounjaro had experts predicting that snacking was a dying pastime, the whopping price of the sale suggests perhaps not.
New limited-time Bundtlet flavor features baked-in Pop-Tarts® pieces DALLAS , Aug. 15, 2024 /PRNewswire/ -- Nothing Bundt Cakes and Pop-Tarts®, known for its iconic toaster pastries, have joined forces to release a "Crazy Good" new cake flavor, Frosted Strawberry Pop-Tarts, available Aug. 19-Sept. 1, while supplies last, at the brand's 600-plus bakeries nationwide.
BATTLE CREEK, Mich. , Aug. 15, 2024 /PRNewswire/ -- WK Kellogg Co (NYSE: KLG) announced today that Gary Pilnick, Chairman and Chief Executive Officer, and David Mckinstray, Chief Financial Officer, will participate in a virtual fireside chat at the Barclays 17th Annual Global Consumer Staples Conference at 3:45 PM ET on September 4, 2024.
NEW YORK CITY, NY / ACCESSWIRE / August 14, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating the merger between Mars, Inc. ("Mars") and Kellanova (NYSE:K). Investors who purchased Kellanova and continue to hold to the present are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/k.
Peter Galbo, BofA Securities director of equity research, joins 'The Exchange' to discuss the next steps for the candy maker company Mars as they plan to buy cereal company Kellanova for $36 billion.
Candy giant Mars' $35.9 billion offer for Pop-Tarts and Pringles maker Kellanova (K) is a fresh burst of energy for the mergers and acquisitions market.
Mars CEO Poul Weihrauch discusses the company acquiring Kellanova for $35.9 billion in cash, tying together some of the largest U.S. candy and snack brands. The M&M owner Mars is acquiring the Kellogg spinoff company for $83.50 per share.