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Kellogg Buys Pringles For $2.7 BILLION!

| Filed under: Business BlitzFood

pringles-sodl-for-bilions.jpg

Procter & Gamble have completed their $2.7 billion sale of their Pringles brand to Kellogg recently.

You heard us. That's $2,700,000,000!!

Eight zeros!

Pringles makes about $1.5 billion in revenue every year so they were quite the hot commodity.

The craziest part is that after taxes, P&G will net about $1.4 to $1.5 billion.

The government makes a billion dollars off this deal and they didn't do anything! Other than keep the Commies at bay we guess.

We wonder if this means Kellogg would consider a Pringles breakfast cereal!

That'd either be gross or amazing.

Yay Pringles!

[Image via Glane23/Wikimedia Commons.]

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