We are investigating the fairness of the proposed sale of WK Kellogg Co. (NYSE: KLG) (“Kellogg”) to Ferrero Group for $23.00 per share in cash.
Since the deal was announced, at least one investor has expressed disappointment in the sale price on SeekingAlpha.
If you remain a Kellogg shareholder and have concerns about the proposed sale, you may contact our firm to discuss your legal rights at no charge by completing and submitting the form below.
Why is there an investigation?
On July 10, 2025, Kellogg announced that it had agreed to be sold to Ferrero Group for $23.00 per share in cash.
At least one investor has expressed disappointment in the sale price on SeekingAlpha, asserting that “Shareholders are obviously being robbed.”
“We are investigating whether the Kellogg Board of Directors acted in the best interests of Kellogg shareholders in approving the sale,” explained Joshua Fruchter, a founding partner of Wohl & Fruchter. “This includes whether the price agreed upon is fair to Kellogg shareholders, as well as whether all material information regarding the transaction has been fully disclosed.”