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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: E_K_S who wrote (75466)	7/9/2025 11:43:43 PM
From: E_K_S	Read Replies (1) \| Respond to of 78464

Wk Kellogg CO (KLG) 27.38+9.88 (+56.46%) Looks like they received a Buyout offer of $3 Billion. WK Kellogg (KLG) After-Hours Price Surge: ExplanationWK Kellogg (KLG) shares surged by over 39% in after-hours trading on July 9, 2025, due to news of a potential buyout. Multiple financial news outlets reported that Italian confectionery giant Ferrero is close to finalizing a deal to acquire WK Kellogg for approximately $3 billion, including the assumption of about $500 million in debt. This acquisition price represents a significant premium to KLG's previous market value. Key Points Buyout Offer: Reports indicate Ferrero is nearing an agreement to purchase WK Kellogg, with the deal possibly being finalized within days. The Wall Street Journal was cited as the original source of this news. Market Reaction: The buyout speculation caused KLG shares to spike as much as 55% in after-hours trading, with prices moving from a regular session close of $17.50 to above $27. Strategic Rationale: The acquisition would bolster Ferrero’s presence in North America and add iconic cereal brands such as Froot Loops, Frosted Flakes, and Rice Krispies to its portfolio. Industry Impact: The deal is seen as part of a broader trend of consolidation in the packaged foods sector, with investors speculating on further merger and acquisition activity among consumer food companies. ------------------------------------------------------------------------ KLG was a spin off from Kellogg in 11/2023. Still have a small postion in this w/ avg cost at/near $9.78. Should have added as it appears to be quite undervalued at 13.5x PE