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In a joint press release, Ferrero announced it has officially acquired WK Kellogg Co, the branch of Kellogg that makes all of the brand’s cereals, for $23 dollars a share — equal to $3.1 billion in enterprise value.
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W.K. Kellogg Auditorium in Battle Creek has a secret. It’s hidden beneath the floor boards of the stage. It’s in the ceiling and in the walls. It’s…