WK Kellogg M&A; Delta Flies Higher; Embraer Lower
On this episode of Stock Movers:- WK Kellogg Co (KLG) shares are moving on news that Ferrero Group to buy WK Kellogg for $23 per share, representing a total enterprise value of $3.1b. The W.K. Kellogg Foundation Trust and Gund Family agreed to vote 21.7% of WK Kellogg Co’s shares in favor of deal- Delta (DAL) shares are higher after it reported it expects an adjusted profit of $5.25 to $6.25 a share this year, according to a statement. Chief Executive Officer Ed Bastian said travel in the US is climbing back after approval of Trump's tax-cut and spending package and progress in tariff…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.