The following video is part of this week's MarketFoolery podcast, in which host Chris Hill, Bill Mann, and Joe Magyer discuss the latest business news. Diamond Foods' deal to buy Pringles from Procter & Gamble fell apart, and today Kellogg stepped in and announced a deal to buy Pringles for $2.7 billion. In this segment, the guys analyze why the deal is a winner for both companies and their shareholders.
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At the time thisarticle was published Chris Hillowns no shares of any of the companies mentioned.Motley Fool newsletter serviceshave recommended buying shares of Procter & Gamble. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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