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M&M's maker Mars is buying Kellanova, the maker of Cheez-Its and Pop-Tarts, for nearly $30 billion in an effort to broaden its snacking portfolio and expand globally. Kellanova was created last year when the Kellogg Co. split into two companies. Chicago-based Kellanova sells many of the former company's most profitable brands, including Pringles, Eggo, Town House, MorningStar Farms and Rice Krispies Treats. It had net sales of more than $13 billion last year and has about 23,000 employees.

Sweet and salty deal worth $30 billion would put M&M's and Snickers alongside Cheez-It and Pringles

CBS News

M&M's maker Mars has struck a deal worth nearly $30 billion to buy Kellanova, marking one of the food industry's biggest deals and expanding the candy maker's brand portfolio to include salty snacks such as Pringles and Cheez-It.Kellanova was formed last year when the Kellogg Co. split into three companies. Kellanova sells many of the former company's most profitable brands, including Eggo, Town House, MorningStar Farms and Rice Krispies Treats. It had net sales of more than $13 billion last year and has approximately 23,000 employees.The acquisition would expand Mars' reach into the salty snack category. The company owns brands...

Mars strikes nearly $30 billion deal to buy Cheez-It maker Kellanova

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 closed Wednesday up 7.7% at...

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

As more consumers reach for generic labels to save on money groceries, M&M's maker Mars is spending big bucks on a new acquisition to gain even more shelf space in the snack aisle. The candy bar giant, known for brands such as Snickers and Twix, is gearing up to purchase...

Mars shakes up snack industry with $36B food merger to acquire Pringles maker

As it’s the start of August and back-to-school is around the corner, we know what you’re probably thinking: fall is here. Even though the weather says otherwise, the grocery store sure thinks it is, thanks to the amount of pumpkin spice-flavored everything we’ve already seen on shelves.

Hershey’s Is Releasing a New Candy, and We Tried It First

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Herbie J Pilato

In the mid-1970s, Good Timesmade a star of actor/comedian Jimmy 'JJ'/'Dynomite' Walker. However, behind the scenes, the tension between the stars was relatively challenging. According to what Jimmie Walker once relayed, most of the show's cast rarely had any interaction behind the camera. Walker didn't recall having any conversations with actress Esther Rolle, who played his TV mother, Florida Evans, or actor John Amos, who played James Evans, his TV mother.

Actor/Comedian Jimmie "JJ" Walker Behind the Scenes of TV's 'Good Times' in the 1970s

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

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

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

Parade

The 45-Calorie Diet Coke 'Sweet Treat' Fans Are Calling 'Genius'

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

Colorado State

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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

South Carolina State

Explore Beaufort SC

The mantis shrimp is one tough customer. Beautiful and deadly are two words you don’t typically use to describe shrimp, but the mantis shrimp is definitely in a class of its own; earning a reputation as the ‘savage boxer of the sea’ and one of the most fearsome creatures in the ocean. And, they're right at home here in South Carolina.

Savage Boxer of the Sea: The Deadly Beauty of Mantis Shrimp

One of the biggest deals this year brings brands including Pop-Tarts, Eggo waffles, and Pringles under the same ownership as M&Ms and Snickers.

Mars is buying the maker of Pringles and Cheez-It for almost $36 billion

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

Saying that a $110,000 travel trailer is bigger and nicer than my 500-square-foot studio apartment isn’t that much of a feat if I’m honest, but all you need to know is that this trailer looks miles nicer than any RV or camper I’ve ever seen. Hell, the deck alone seems nicer than my apartment. This, ladies, gentlemen, and everyone in between, is the Wildwood & Salem 42Veranda travel trailer by Forest River. This behemoth is not meant to be regularly towed around, though. It’s actually meant to be towed to a destination and parked there for long-term mobile home living.

Check out this $110,000 'destination' trailer with 2 bedrooms and a deck

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

Mark Cuban says former President Donald Trump’s fans in Silicon Valley don’t just want him to be president again — they want him to be the “CEO of the United States of America,” with them as his board of directors. Suggested Reading. “Watching what’s happening...

Mark Cuban — 'the Left's favorite billionaire' — says some in Silicon Valley want Trump as America's CEO

It’s a match made in junk-food heaven. Coca-Cola and Oreo have teamed up to create two exclusive, limited-edition products: Oreo Coca-Cola Sandwich Cookies and Coca-Cola Oreo Zero Sugar Limited Edition soda. The brands have called this limited-time partnership “Besties,” which means combining their very best traits and making each...

Oreo and Coca-Cola team up on fizzy cookies and chocolate soda

Massachusetts State

Camilo Díaz

(MA) Meet Angel August, a small Yorkie and Chihuahua mix pup who could really use your help moving...into your house! Angel recently came into Great Dog Rescue New England's care after an unexpected tragedy. Although she has been an owned pup her whole life, sadly Angel's owner passed away. Now safely in rescue care, Angel is patiently waiting for the next chapter of her life to begin. Will you help her write it?

Little Yorkshire Terrier Who Lost Her Owner Now Looking For Love

NewsBreak

Snickers maker Mars is buying Pringles maker Kellanova for $36 billion

M&M maker Mars is acquiring Pop-Tarts maker Kellanova in one of the biggest deals of the year. Snickers maker Mars has agreed to acquire Pringles maker...

Snickers maker Mars is buying Pringles maker Kellanova for $36 billion

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