Israel Hayom
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09:30 Aug 15, 2024
Mars, a family-owned packaged food giant with over $50 billion in annual sales, is acquiring Kellanova (formerly Kellogg Co.) for nearly $36 billion in an all-cash deal, paying $83.50 per share, representing a 12-44% premium over Kellanova's closing price. Kellanova owns popular snack and breakfast brands like Cheez-It, Pop-Tarts, Pringles, NutriGrain, Eggo, and Rice […]