Pringles Has A New Owner
After a prospective deal with Diamond Foods went sour, Kellogg swept in to buy the Pringles potato chip brand from Proctor and Gamble.
Kellogg has popped up to buy the Pringles chip brand from Procter & Gamble for $2.7 billion after a similar deal with Diamond Foods was derailed by accounting problems and an executive shakeup at Diamond.
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