reuters: Kellogg Co said on Wednesday it will buy the Pringles business from Procter & Gamble Co for $2.7 billion in cash, as it aims to build its position in the global snacks market comparable to its strength in the cereal business. P&G agreed to sell Pringles to Diamond Foods Inc last year, but the deal fell apart because of delays caused by a U.S. probe into Diamond’s accounting practices. P&G said the deal with Kellogg would be completed by this summer. Read more: Kellogg to buy Pringles from P&G for $2.7 billion i know its not real “cash” but i wish they would just bring a truck load of money and dump it at their HQ

reuters:

Kellogg Co said on Wednesday it will buy the Pringles business from Procter & Gamble Co for $2.7 billion in cash, as it aims to build its position in the global snacks market comparable to its strength in the cereal business.

P&G agreed to sell Pringles to Diamond Foods Inc last year, but the deal fell apart because of delays caused by a U.S. probe into Diamond’s accounting practices.

P&G said the deal with Kellogg would be completed by this summer.

Read more: Kellogg to buy Pringles from P&G for $2.7 billion

i know its not real “cash” but i wish they would just bring a truck load of money and dump it at their HQ

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    This is what is wrong with capitalism. I hate monopolies. It’s different when companies combine
  6. umbrella-warrior reblogged this from reuters and added:
    not real “cash”...just bring a truck load of money and dump it at their HQ
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