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Mars, maker of M&M’s and Snickers, to buy Cheez-It owner Kellanova for nearly $30 billion

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www.wxxv25.com – Associated Press – 2024-08-14 07:36:46

SUMMARY: Mars, the maker of M&M’s, is acquiring Kellanova, which produces Cheez-Its and Pop-Tarts, for nearly $30 billion, significantly enhancing its brand portfolio. Kellanova, formed from Kellogg’s recent split, boasts profitable brands like Pringles and Eggo, generating over $13 billion in sales and employing around 23,000 people. Mars will pay $83.50 per share, valuing the deal at $35.9 billion including debt. The acquisition, expected to close in early 2024, will expand Mars’ presence in the snacking sector and is one of the largest deals of the year, following Exxon Mobil’s $60 billion acquisition of Pioneer Natural Resources.

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Celebrate the holidays in Ocean Springs with free, festive activities for the family

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www.wxxv25.com – WXXV Staff – 2024-11-16 10:00:00

SUMMARY: Ocean Springs, MS, is excitedly preparing for the holiday season with a series of festive events starting on November 22, featuring Pink Friday specials to promote local shopping. Community activities include the annual Tree Lighting with Santa on December 5, a Holiday Open House on December 6-7, and the Silent Light Festival on December 7 from 5:30-10 p.m. The city will host a parade on December 8 for the Discover Christmas Toy Drive, encouraging toy donations. For event details, contact the Ocean Springs Chamber of Commerce or visit their website.

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Introducing our WXXV Student Athlete of the Week, St. Patrick’s very own Michael Baty!

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www.wxxv25.com – Ansley Brent – 2024-11-15 12:27:00

SUMMARY: This week’s WXXV Student Athlete of the Week is Michael Baty, a senior captain of the St. Patrick Catholic boys’ soccer team, who has played soccer since childhood. The team is off to a strong start, remaining undefeated with 27 goals scored and only one allowed. Baty has been instrumental in their success, leading with nine goals and demonstrating a willingness to play any position to support the team. He is driven by a passion for soccer and aims to excel at the collegiate level, as he has dreams of becoming a professional player. Baty’s leadership inspires his teammates and sets a positive tone for younger players.

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Mississippi governor intent on income tax cut even if states receive less federal money

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www.wxxv25.com – Associated Press – 2024-11-15 07:24:00

SUMMARY: Mississippi Governor Tate Reeves advocates for phasing out the state income tax to enhance competitiveness with states like Florida and Texas. Despite potential federal spending cuts during Donald Trump’s second term, Reeves believes states should have more flexibility with Medicaid funding. Mississippi relies heavily on federal funds for its budget, especially for Medicaid, which is vital for low-income residents. Reeves has proposed a $110 million investment for infrastructure and workforce development to attract industries. The governor emphasizes the need for competitive tax rates to support economic growth and address state challenges.

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