Candy giant Mars has agreed to acquire Pop-Tarts and Pringles maker Kellanova for a total enterprise value of $35.9 billion in what would be the biggest M&A transaction this year. A deal by Mars for Kellanova, which was spun out of cereal-focused Kellogg last year, would expand the privately held...

Candy Maker Mars Buys Pop-Tarts, Pringles Maker Kellanova for Nearly $36 Billion

Candy and gum giant Mars agreed to purchase snacks manufacturer Kellanova for $35.9 billion, a deal that marks the largest in the food and beverage space in several years since the $45 billion merger of Kraft Heinz in 2015. Under the transaction, Kellanova — the maker of Cheez-It, Pringles, Pop-Tarts...

Snickers owner Mars to buy Kellanova for $35.9B

New Haven, CT

Community Voices represent independent, third-party users who have joined our contributor program but not yet verified their accounts. Community Voices are expected, like all users, to adhere to our Community Standards.

community_voice

Herbie J Pilato

He was born on April 2, 1949, in New Haven, Connecticut, and died of a heart attack at only 63 on August 14, 2012, in Palm Beach Gardens. His birth name was Ronald Gabriel Paolillo, but his stage name was Ron Palillo who was best known as Arnold Dingfelder Horshack on TV's hit 1970s sitcom, Welcome Back, Kotter.

The Tragic Death of 'Welcome Back, Kotter' Actor Ron Palillo: A Look Back

Business Insider

Some fast food chains are struggling to boost sales, but Taco Bell is going from strength to strength.

Taco Bell is giving customers exactly what they want right now: cheap fast food

Oreo has been on another level with its launches lately. So far this year, it’s mostly been about the mint chip flavor of the iconic cookie—even bringing it to the cereal aisle—but we can’t forget about the “Star Wars” cookies and the (slightly unhinged) Sour Patch Kids release from the spring.

Oreo and Coca-Cola Are Joining Forces on 2 New Products

USA TODAY

Mars Inc. is set to acquire snack maker Kellanova, responsible for Pringles, Eggos, and Cheez-Its, in a $36 billion dollar deal.

Snickers maker Mars to buy Kellanova, company known for Pringles, Eggos, in $36B deal

Ohio State

Contributors represent independent, third-party users who have joined our contributor program and self-verified their accounts. They have also demonstrated their experience writing hard news for other outlets. Contributors are expected, like all users, to adhere to our Community Standards.

contributor

The Lantern

On Tuesday, licensed Ohio dispensaries began legally selling non-medical marijuana to consumers; however, the drug’s possession, growth and/or usage are still prohibited on Ohio State’s campus. Credit: Jefferee Woo/Tampa Bay Times/TNS [Original caption: Four citizen-led petitions with proposals to update Dallas’ charter hit the 20,000 valid signature threshold to make it on the Nov. 5 election ballot, including one that would ban police officers from arresting or citing people carrying less than four ounces of marijuana.] As of Tuesday, students 21 and older can now legally purchase marijuana in Ohio.

Dispensary sales of recreational marijuana began Tuesday; possession and usage still prohibited on Ohio State’s campus

Colorado State

David Heitz

A bill quietly introduced this spring in the Colorado legislature to decriminalize the possession of drug paraphernalia obtained by harm reductionists has become law. As low-key as the legislation was introduced, the bill was signed into law without fanfare June 6. It garnered little to no media attention.

Colorado legalizes needles, pipes for meth and crack if obtained by harm reduction group

Los Angeles, CA

Adam Rich was born on October 12, 1968, lived a troubled life, and died on January 7, 2023, at only 54 years old. This is his story. He lived in the Granada Hills area of Los Angeles with his parents and younger brother. The Rich family resided for a time in Florida where Adam studied acting at the local gym.

A Look Back at the Tragic Life and Death of Former Child Star Adam Rich (TV's 'Eight is Enough')

The Shade Room

Former PepsiCo janitor turned exec Richard Montañez is suing the company for denying that he invented Flamin’ Hot Cheetos. The Associated Press reports the lawsuit states that his career was destroyed after the food giant questioned his claim. RELATED: Mountain Dew To Release New Malt Liquor Version ‘Hard Mountain Dew’ Early Next Year Richard Montañez [...]
The post A Spicy Dispute! Former PepsiCo Janitor Sues Company After Alleging He Invented Flamin’ Hot Cheetos appeared first on The Shade Room.

A Spicy Dispute! Former PepsiCo Janitor Sues Company After Alleging He Invented Flamin’ Hot Cheetos

New York Post

Chocolate giant Mars announced that it was acquiring rival snack company Kellanova in a deal valued at nearly $30 billion — the largest ever acquisition in the packaged food industry.

The privately held maker of popular chocolate bars including Snickers, M&Ms and Milky Way said it has agreed to pay $83.50 a share — or a 33% premium to its closing price on Aug. 2 — for Kellanova in an all-cash deal, according to The Wall Street Journal.

Kellanova, whose portfolio of brands includes Cheez-It, Pringles and Eggo, closed at $74.50 a share on Tuesday. The stock was up by more than...

Chocolate giant Mars to acquire Kellanova, maker of Cheez-Its and Pringles, in $29B deal

Confectionery giant Mars strikes deal to snap up Pringles-maker Kellanova for nearly $36bn.

Mars to buy Pringles and Pop-Tart maker for $36bn

Denver, CO

In addition to collecting more than 8,000 used needles in the past year from Denver drug users, the Harm Reduction Action Center passed out 10,000 meth pipes and “snort kits,” according to a newsletter sent to its supporters Thursday. They also connected about 1,700 people to medical, mental health and substance abuse treatment.

Denver group hands out 10K meth pipes, ‘snort kits,’ connects 1,700 to treatment annually

In a strange and unexpected collaboration, Coca-Cola and OREO have teamed up for a limited edition drink. Dubbed the “Zero Sugar Limited Edition,” the drink is inspired by “besties” worldwide and is a combination of the refreshing Coca-Cola taste with hints of unnamed cookie flavors inspired by OREO’s long list of offerings. “Bringing together the playfulness of OREO and the Real Magic of Coca-Cola is so unexpected, but also feels so right because we are alike in so many ways,” Oana Vlad of The Coca-Cola Company said in a statement. “As a first-of-its-kind collaboration for both brands, we are thrilled for besties around the world to join us in celebrating new products, great experiences and unexpected moments of connection.”

The Tastes of Coca Cola and OREO Come Together in New Limited Edition Drink

Brigid Pfeifer

Who would have thought the famous soda and the cookie with the white cream filling would work so well with each other?. On Tuesday it was announced that OREO and Coca-Cola would be collaborating to release two new products: The Coca-Cola OREO Zero Sugar Soda and OREO Coca-Cola cookies. Both brands have shared that they've teamed up as "Besties", with the new collaboration said to be "inspired by besties around the world"

OREO and Coca-Cola Release New Collaboration

Polk County, FL

Fort Meade, FL

Uncovering Florida

The Polk County Sheriff's Office has made an arrest after conducting an investigation into a case of credit card fraud involving 28-year-old Burger King employee, Kellyn Miley. The incident was discussed in detail during this morning's briefing with Sheriff Grady Judd.

Burger King Employee Caught Using Customer's Credit Card for Food at Former Job

OLIPOP, a single-serve soda that is relatively new to the market, recently managed a noteworthy feat when it crushed the competition, including Coke and Pepsi, and became the No. 1 best-selling brand of fizzy drinks at a number of household name grocers across the U.S.

The naturally sweetened pop brand is on track to double sales from 2023 and draw in $0.5 billion in sales for 2024.

“It’s mind-blowing, and it’s amazing,” CEO and Co-Founder, Ben Goodwin, told FOX Business during a phone interview. 

“For better or worse, sometimes I can be a little stoic about it, because, for me, it means we...

Single-serve soda brand outperforms Coke, Pepsi, outsells eggs at various household retail locations

Comic Book

The Coca-Cola X OREO collab hits stores September 9th.

Coca-Cola and OREO Team Up For New Soda, Cookie Collab

Whiskey Riff

The Bud Light backslide continues. Prior to the spring of 2023, the light beer brand was the best selling in all of the land. Bud Light, which is owned by Anheuser-Busch InBev, was the undisputed leader in beer sales for years. But then that title went away in matter of months, and it all traces back to the partnership Bud Light did with transgender influencer Dylan Mulvaney.

Bud Light Sales Continues To Slip, Now Surpassed By Modelo & Michelob UItra As America’s Best-Selling Beer

Parade

Fans began noticing a change in the flavor of Starbucks' coffee months ago, and now we know why.

Why Starbucks Iced Coffee Suddenly 'Tastes Different'

NewsBreak

Sweet and Salty Deal Worth $30 Billion Would Put M&M's and Snickers Alongside Cheez-It and Pringles

M&M's maker Mars is buying Kellanova, the maker of Cheez-Its and Pop-Tarts, for nearly $30 billion, vastly expanding the number of household-name brands under one roof....

Sweet and Salty Deal Worth $30 Billion Would Put M&M's and Snickers Alongside Cheez-It and Pringles

Comments / 0