For 23 billion smackaroos.
Sounds like another private equity flim-flam.
But the stock price for Mars shot up 23%.
That ought to tell you something.
And.
Warren Buffett is in the act.
So it must be the real deal.
Buffett provided 6.5 billion smackaroos in financing in exchange for a stake in Wrigley.
Wrigley will be run independently of Mars.