08/19/24: Mars growing its domain in the snack aisle
Crain's Daily Gist - A podcast by Crain's Chicago Business
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The candy giant Mars is moving in to buy Chicago snack maker Kellanova for an eye-popping $36 billion. Crain's reporter Ally Marotti talks with host Amy Guth about the companies’ timeline, potential roadblocks and Kellanova CEO Steve Cahillane’s $81.4 million exit plan. Plus: Rivian pauses output of Amazon’s EV delivery van on parts shortage, bank biz sues Illinois over first-of-its-kind change to credit card fees, Mag Mile retail property handed over to lender and Illinois bans legacy admissions at public universities.
