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Kiplinger
Kiplinger
Business
Joey Solitro

Kellanova Stock Surges on Confirmed Mars Takeover

Closeup of Pringles, which is owned by Kellanova, in sour cream and onion and original.

Kellanova (K) stock is trading notably higher Wednesday on news Mars, the parent company of M&M’s and Snickers, will acquire the snack maker whose brands include Cheez-It and Pringles in an all-cash deal valued at $35.9 billion, including debt.

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