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Cereal

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Chocolate Giant To Buy Kellogg's Cereal Company For $3.1B: Here's Why Chocolate Giant To Buy Kellogg's Cereal Company For $3.1B: Here's Why
Chocolate Giant To Buy Kellogg's Cereal Company For $3.1B: Here's Why A European chocolate giant is purchasing the cereal company behind Froot Loops, Frosted Flakes, and Rice Krispies. Ferrero Group has agreed to buy WK Kellogg Co for $3.1 billion, the candy company announced in a news release on Thursday, July 10. The Italian chocolatier is the owner of widely popular brands like Butterfinger, Famous Amos cookies, Ferrero Rocher, Jelly Belly, Kinder, Nutella, and Tic Tac. In the agreement, Ferrero will pay $23 per share in cash, a 40% premium on WK Kellogg's recent stock price. Once the deal closes, Battle Creek, Michigan will serve as Ferrero's North Americ…

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by Chris Spiker
Business
Hershey's Kisses Get Sweet Twist With New Cinnamon Toast Crunch Flavor Hershey's Kisses Get Sweet Twist With New Cinnamon Toast Crunch Flavor
Hershey's Kisses Get Sweet Twist With New Cinnamon Toast Crunch Flavor The cinnamon cereal once known as "the taste that you can see" is coming to a chocolate candy classic. Hershey's announced a new collaboration with Cinnamon Toast Crunch in a news release on Monday, Mar. 31. The Pennsylvania candymaker will begin selling Hershey's Kisses flavored with the classic cinnamon breakfast treat. The bold new flavor combines smooth white crème, swirls of cinnamon sugar, and crunchy graham-flavored cookie bits — all packed into the iconic Kisses shape. "Unexpected crossovers are having a moment, and we're delivering a Hershey's Kisses flavor combo no one …

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by Chris Spiker
Business
Cereal Dreams Offers Childhood Nostalgia For Mass Native: 'I Want People To Feel Happy' Cereal Dreams Offers Childhood Nostalgia For Mass Native: 'I Want People To Feel Happy'
Cereal Dreams Offers Childhood Nostalgia For Mass Native: 'I Want People To Feel Happy' Waking up on Saturday morning with a big bowl of cereal and turning on cartoons was a rite of passage for people of a certain age. A Massachusetts Native who now lives in South Orange, New Jersey, opened an eatery aiming to bring that feeling of nostalgia back. Anne Mandell, a Fall River native, recently opened Cereal Dreams at the Co-Lab at 57 South Orange Ave. Cereal Dreams features 25 different cereals, with Mandell serving as the cerealtender, mixing different cereals to whatever anyone's heart desires, even for the weirdos who don't like milk in their cereal. Cereal Dreams also serves u…

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by Sam Barron