More on the Kellogg (K) - Pringles deal: Anticipates increasing its outstanding debt by...

|About: Kellogg Company (K)|By:, SA News Editor

More on the Kellogg (K) - Pringles deal: Anticipates increasing its outstanding debt by approximately $2B. Says deal will be accretive to 2012 earnings by $0.08-$0.10 per share. Transaction will generate one-time costs of between $160M-$180M. Expects synergies of at least $10M in 2012, with ongoing synergies of between $50M and $75M a year. (PR)