Kellogg to Sell Keebler, Other Brands to Ferrero for $1.3 Billion

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Kellogg is selling its Keebler cookie business and other snack and dessert brands to Ferrero Group for $1.3 billion

Kellogg Co. agreed to sell its Keebler cookie business and other snack and dessert brands to Ferrero Group for $1.3 billion in cash, as the packaged-food company seeks to shift its portfolio toward what it sees as products with better growth prospects.

Battle Creek, Mich.-based Kellogg said in November it was considering the sale of the Keebler, Famous Amos and other cookie brands, as well as its fruit-snacks business. Ferrero is also buying Kellogg’s pie crusts and ice cream cones brands.

 

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I forgot why we're boycotting Kellogs?

Calls to the elves have not been returned.

Free Famous Amos !

Cash money

That should be an improvement to Kellogg’s bars etc.

Maybe they'll bring back the magic middles!

The elves be gettin paid!

Last time I ate keebler I had the chits for 2 days never again!

Wonder how that will affect Midwest jobs?

Sh!t Tyrone, damn keeblers be trippin'!

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