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Analyst: Kellogg Trims The Fat By Selling Keebler, Other Snack Brands
Tuesday, April 2, 2019 - 3:40pm | 404Kellogg Company (NYSE: K) on Monday announced it's selling Keebler and several other businesses to the Ferrero Group for $1.3 billion. The Analyst Morgan Stanley's Dara Mohsenian maintains an Equal-weight rating on Kellogg with a $56 price target. The Thesis Kellogg agreed to sell its...