BALA CYNWYD, Pa., July 14, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky (jbrodsky@brodskysmith.com) or Marc Ackerman (mackerman@brodskysmith.com) at 855-576-4847. There is no cost or financial obligation to you.
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of WK Kellogg Co (NYSE: KLG) to The Ferrero Group. Under the terms of the proposed transaction, shareholders of WK will receive $23.00 in cash for each share of WK that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
Stay up-to-date with the latest market trends in the middle of the day on Thursday. Explore the top gainers and losers during today's session in our detailed report.
The Ademi Firm is investigating WK Kellogg Co (NYSE: KLG) for possible breaches of fiduciary duty and other violations of law in its transaction with Ferrero.
Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of WK Kellogg Co (NYSE: KLG) to The Ferrero Group for $23.00 per share in cash is fair to Kellogg shareholders.
The maker of Ferrero Rocher is buying WK Kellogg for $23 per share in cash with the deal uniting everything from cereals such as Froot Loops to chocolates such as Kinder under one roof.
Let's have a look at what is happening on the US markets after the closing bell on Wednesday. Below you can find the top gainers and losers in today's after hours session.
J.P. Morgan analyst Ken Goldman rated WK Kellogg (NYSE:KLG) Neutral with a $19 price target after Q1 EPS of $0.20 missed estimates. Revenue fell short at $663M vs. $679.49M forecast. KLG cut its 2025 outlook, projecting a 2–3% drop in organic net sales and flat to lower EBITDA. Ongoing cereal category struggles, rising capex, and tariff risks justify a valuation discount, the analyst noted.
