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07-09-2025, 08:25 PM
(This post was last modified: 07-09-2025, 08:26 PM by NewtonMP2100.)
……breaking news that Kellogg might be bought by Ferrero for $3 billion…….Kellogg stock soars about 50%……
………buy out…..?!
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Ferrero appears to be expanding their business footprint(?). In early 2023 Ferrero bought out Wells Enterprises, makers of Blue Bunny ice cream, which is centered in our small town (LeMars, IA). Wells had been a privately held, family run, business for over 100 years.
Dave
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Market cap: 1.51 B
If they are indeed bought for 3B, the stock should jump 100%, and it's up in early trading only 50%
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…..deal officially announced this morning….
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I reject your reality and substitute my own!