U.S. Stock Market News | Kellogg's Soars Over 7.6% on Premium Acquisition by Mars

Zhitong
2024.08.14 14:22
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As of the time of publication, the stock has risen by over 7.6%, closing at $80.17 USD

According to Zhitong Finance APP, on Wednesday, Kellanova (K.US) saw its stock price rise, with the stock up over 7.6% to $80.17 at the time of publication. Snack and confectionery giant Mars will acquire Kellanova at a significant premium of $83.5 per share in an all-cash transaction, with the acquisition deal reaching nearly $36 billion, making it the largest acquisition in the packaged snack food industry

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