Kellogg’s acquires Pringles for about $2.7 Billion

Kellogg’s acquires Pringles for about $2.7 Billion

The Kellogg Company acquires Pringles, which was developed by Procter & Gamble in 1967, for just about $2.7 Billion in cash deal from Procter & Gamble. The snack business is fast growing and has bigger impact internationally. In a conference call with analysts, Kellogg’s chief executive, John A. Bryant, said that Pringles, known for its…

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