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Kelloggs buys Pringles

Wednesday February 15, 2012 Posted 3 months, 1 week ago by PJ Lacey

Just heard Kellogg bought Pringles, does that mean we'll have sour cream frosted flakes?

"Pringles has an extensive global footprint that catapults Kellogg to the number two position in the worldwide savory snacks category, helping us achieve our objective of becoming a truly global cereal and snacks company," Kellogg President and CEO John Bryant said in a statement.

Kellogg's stock added $1.70, or 3.4%, to $52 in premarket trading. Diamond's shares gained 88 cents, or 3.9%, to $23.18, while Procter & Gamble's stock climbed 8 cents to $64.56.

source-usatoday