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Kellogg Sued Over 'Misleading' Statement On $3B Acquisition

By Danielle Ferguson ( August 11, 2025, 7:20 PM EDT) -- A WK Kellogg shareholder is asking an Illinois federal judge to block The Ferrero Group's $3.1 billion acquisition of the breakfast food company, alleging WK Kellogg and its board of directors submitted an "incomplete and misleading" proxy statement to the U.S. Securities and Exchange Commission to convince shareholders to support the transaction....

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