Mars announced on Wednesday that it has agreed to buy snack maker Kellanova, a spin-off from Kellogg’s, for a mouth-watering $35.9 billion.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
Kellanova popped 16% on the NYSE following a Reuters report that said it’s an acquisition target for privately-held confectionary giant Mars
Will a shutdown happen? Maybe not. But what if it does? What would a holiday season shutdown actually mean?
The famed Wharton School economist points to sky high valuations and a possible sector rotation.
Fidelity has hired an industry veteran to lead one of the world’s largest professional networks of family offices.