The deal, announced Thursday, will see Ferrero pay $23 per share for WK Kellogg, whose portfolio includes legacy cereal brands such as Corn Flakes, Frosted Flakes, Special K, and Rice Krispies.

UNDATED (WKRC) - Kellogg's CEO was slammed across social media for suggesting cash-strapped shoppers eat Corn Flakes for dinner. According to CNN, CEO Gary Pilnick's advice has sparked backlash ...

“Let them eat Corn Flakes” appears to be Kellogg’s CEO Gary Pilnick’s advice to cash-strapped shoppers who are spending the highest portion of their income on food than at any point in the ...

The Italian maker of Ferrero Rocher and Nutella has set its sights on WK Kellogg as the U.S. cereal maker struggles to get traction.

Shares of Frosted Flakes maker WK Kellogg surged nearly 50% in extended trading Wednesday following a report the company could soon be acquired by Italian sweets seller Ferrero.

New York (CNN) — “Let them eat Corn Flakes” appears to be Kellogg’s CEO Gary Pilnick’s advice to cash-strapped shoppers who are spending the highest portion of their income on food than ...

By Nathaniel Meyersohn, CNN New York (CNN) — “Let them eat Corn Flakes” appears to be Kellogg’s CEO Gary Pilnick’s advice to cash-strapped shoppers who are spending the highest portion ...

By Nathaniel Meyersohn, CNN New York (CNN) — “Let them eat Corn Flakes” appears to be Kellogg’s CEO Gary Pilnick’s advice to cash-strapped shoppers who are spending the highest portion ...