Kellogg (K) board approves seperation into two companies
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KELLOGG COMPANY BOARD OF DIRECTORS APPROVES SEPARATION INTO TWO COMPANIES, KELLANOVA AND WK KELLOGG CO
September 11, 2023 8:00 AM EDTKellogg Company's Board of Directors approved the pending separation of Kellogg Company into Kellanova and WK Kellogg Co
The separation is expected to become effective on October 2, 2023
The Company also set the distribution ratio of shares at 1 share of WK Kellogg Co for every 4 shares of current Kellogg Company
The Company believes that the separation will create two stronger, more focused companies, each with a strong financial... More
