Story of the Week Ferrero clinches deal to acquire WK Kellogg for $3.1B Ferrero announced it will buy cereal maker WK Kellogg for a price tag of $3.1 billion, or $23 per share. This deal will bring brands including Ferrero Rocher, Nutella, and Tic Tac together with cereal brands like Frosted Flakes and Froot Loops. […]