Kellanova (K) Stock Jumps 10% in a Week: What's the Buzz About?
KKellogg(K) ZACKS·2024-08-16 21:50

Kellanova's (K) shares have experienced a significant rally, climbing nearly 10% in the past week. This includes a notable 7.8% surge following the announcement on Aug 14 that Mars intends to acquire the company, which has renewed investors' interest and confidence in Kellanova's prospects. Mars-Kellanova Deal: A Win for Both Giants Mars, Incorporated, a family-owned global leader in pet care, snacking and food, inked a deal to take over Kellanova for $83.50 per share in cash, totaling $35.9 billion, on Aug ...