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Mars Inc Just Made a Snack Attack on the Entire Global Economy With Its Secret Sauce of Cash and Utter Disregard for Transparency

Crypto NewsHackNews 1 Linda Williams August 15, 2024

An illustration of Mars Inc.'s logo made from M&M's candies and Pedigree dog food packaging pieces forming a giant globe with Kellanova's Pringles, Cheez-It, and Kellogg’s corn flakes boxes rising out of the surface. A Snickers bar is broken in half to reveal a dollar sign inside as it falls into the ocean below. The CIA headquarters building appears on the horizon behind Mars Inc.'s nondescript office building with no logo or signage visible. Valerie Mars stands at the edge, looking out over the scene while holding an M&M's candy and wearing a business suit.

It looks like Mars Inc just made some major moves by snatching up Kellanova for $36 billion – talk about making your move on the snack and cereal market! This deal is no surprise given that Mars, one of America’s most secretive companies (even more so than the CIA!), has been quietly expanding through acquisitions over three decades. With a net worth estimated at $117 billion, they’ve got deep pockets to back their moves – not unlike Warren Buffett’s Berkshire Hathaway which provided financial backing for Wrigley in 2008

Source: www.reuters

Mars' biggest deal clinched by secretive, deep-pocketed family
https://www.reuters.com/markets/deals/mars-biggest-deal-clinched-by-secretive-deep-pocketed-family-2024-08-14/
MCLEAN, VIRGINIA, Aug 14 (Reuters) - A running joke among residents of McLean, Virginia is that the most secretive organization headquartered in their Washington D.C. suburb is not the Central Intelligence Agency, but rather a confectionery and pet products company. Here, the second-richest U.S. family runs Mars Inc, maker of M&M's candies and Pedigree pet food, out of a nondescript building with no corporate logo or any other identifying signage. […]

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About the author

Linda Williams

Linda’s venture into cryptocurrency ended in a gut-wrenching disaster when she lost her private keys due to a ridiculous mishap involving coffee and a particularly reckless cat. With her funds locked away forever, Linda now pours her frustration into writing biting critiques of crypto’s absurdities, dripping with sarcasm. Her tagline? “I lost my private keys and my sanity. Crypto promised freedom, but all it gave me was a lifetime of regret.”

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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