No. of Recommendations: 2
$7B is almost a rounding error. Can't be the reason for lagging the market lately. For two days now my whole watch list is a sea of green, except for one name...though, personally, a period of stock price weakness would suit very well.
Kellog's split into two a couple years ago, then both companies got acquired:
Value Unlocked: By July 2025, the combined 2025 acquisitions of WK Kellogg by Ferrero ($3.1 billion) and Kellanova by Mars ($35.5 billion) resulted in a total value of roughly $38.6 billion, which was about 75% higher than the initial $22 billion pre-split valuation.
Sounds good. Maybe Mars would like some "cheese" to put on those crackers?
