Ferrero, Kellogg
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Just Food on MSNFerrero reaches for the cereal bowl"Ferrero reaches for the cereal bowl" was originally created and published by Just Food, a GlobalData owned brand.
Shares of WK Kellogg ( KLG) surged 30% Thursday as the maker of Froot Loops and Frosted Flakes announced it had reached a deal to be acquired by Italian sweets company The Ferrero Group for $23 per share in cash, or about $3.1 billion.
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Tasting Table on MSNCandy Giant Ferrero Is Buying The Kellogg Cereal Empire. Here's What Brands Are Included In The DealCandy giant and chocolate maker, Ferrero, agreed to buy the WK Kellogg cereal empire on July 9 in a deal that equated it and its 19 brands at $3.1 billion.