In $36 billion deal, Mars to buy Pringles maker Kellanova
16 Aug
Business News

In $36 billion deal, Mars to buy Pringles maker Kellanova

Posted by author-avatar
0
Business new tamfitronics Agencies / Updated: Aug 15, 2024, 04:59 ISTAAText SizeSmallMediumLarge Family-owned candy giant Mars is buying Pringles maker Kellanova in a nearly $36-billion deal, bringing together brands from M&M's and Snickers to Kellogg's and Pop-Tarts in the year's biggest deal to date.Mars said on Wednesday it will pay $83.5 per share for Kellanova, representing about a 33% premium to its closing price on Aug 2. The packaged-food industry has been grappling with declining volumes, slowing growth and a weakening global consumer.Companies are looking at innovation and new markets to bolster sales as shoppers start to push back on price hikes - a trend that could lead to further consolidation.Mars' acquisition "would be the largest packaged-food deal in nearly a decade," a Bloomberg analyst said. agenciesEnd of ArticleFOLLOW US...
Continue reading
News Analysis: Trump seeks to reclaim spotlight with old playbook of lying, talking smack to media
16 Aug
Top Stories

News Analysis: Trump seeks to reclaim spotlight with old playbook of lying, talking smack to media

Posted by author-avatar
0
Top Stories Tamfitronics Standing next to a spread of coffee, cereal and breakfast meats at his New Jersey golf club on Thursday, former President Trump started what he billed as his second news conference in as many weeks by highlighting increased costs of everyday foodstuffs due to inflation — a major issue for voters in November.Then, he veered off into a rambling 40-minute speech — uninterrupted by media questions — in which he aired old political grievances and debunked conspiracy theories, and lied, repeatedly, about the state of the economy, the safety of the nation and the policies of Vice President Kamala Harris, who is running against him in the presidential race.Among other things, Trump made the false claim — easily debunked — that Harris, a former San Francisco district attorney and California attorney...
Continue reading
Think You’re Smarter Than Slate’s Copy Chief? Find Out With This Week’s News Quiz.
16 Aug
Top Stories

Think You’re Smarter Than Slate’s Copy Chief? Find Out With This Week’s News Quiz.

Posted by author-avatar
0
Top Stories Tamfitronics Top Stories Tamfitronics Make it a habit! Get the Slate Quiz in your inbox every weekday. Welcome to Slate’s weekly news quiz. It’s Friday, which means it’s time to test your knowledge of the week’s news events. Your host, Ray Hamel, has concocted questions on news topics ranging from politics to business, from culture to sports to science. At the end of the quiz, you’ll be able to compare your score with that of the average contestant, as well as that of a Slatester who has agreed to take the quiz on the record. This week’s contestant is copy chief Sarah Rutledge. Can you ace the quiz and beat Rutledge? Good luck! Donald Trump told Elon Musk...
Continue reading
Fans Are Worried About Reacher After Paramount News
16 Aug
Top Stories

Fans Are Worried About Reacher After Paramount News

Posted by author-avatar
0
Top Stories Tamfitronics Improve Sleep EfficiencyBest Jeans for MenStunt Performers Fitness Best Rucking BackpacksBest Hiking SandalsOur product picks are editor-tested, expert-approved. We may earn a commission through links on our site. Why Trust Us?WITH PARAMOUNT SHUTTING down its TV branch as part of a restructuring plan, many fans of Reacher—which the studio produces for Prime Video—have been left worried about the fate of the hobo/army vet/crime-solving action mystery series. Reacher is co-produced by Paramount, Amazon and Skydance; now that Paramount TV is shutting down, fans are unsure what to make as far as the future of the show goes. That said: Season 3 of Reacher has already been ordered. While after-effects of Paramount's TV branch shutting down are sure to be felt, it likely wouldn't be so soon, and even if it was, it...
Continue reading
Load more posts
Loading...