WK Kellogg-Ferrero Deal Investor Suit Over Goldman Ties Ends (1)

Oct. 10, 2025, 2:34 PM UTCUpdated: Oct. 10, 2025, 3:22 PM UTC

A WK Kellogg Co. shareholder lawsuit is moot following further disclosures about its acquisition by Ferrero International SA, a federal judge said.

Judge Edmond E. Chang ordered Thursday to terminate the case, which sought to hold up the deal pending further information about Goldman Sachs & Co.'s financial relationship with Kellogg and affiliates. The investor, George Konel, had told the US District Court for the Northern District of Illinois before the deal closed his claims were moot as a result of further corporate disclosures.

  • Ferrero completed its $3.1 billion acquisition of Kellogg last month
  • Konel wanted more information ...

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