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WK KELLOGG INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of WK Kellogg Co - KLG

1. KSF investigates the proposed sale of KLG to Ferrero Group. 2. Shareholders would receive $23.00 per share in the transaction. 3. Investigation seeks to determine if sale undervalues KLG. 4. Shareholders may contact KSF regarding their legal rights. 5. Former Attorney General leads the investigation on KLG's valuation.

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FAQ

Why Bearish?

An investigation raises concerns about the sale's valuation, potentially affecting investor confidence. Historical cases show that such investigations can lead to price corrections if valuations are deemed inadequate.

How important is it?

The outcome of the investigation may significantly affect KLG's perceived value and investor sentiment. A high importance score is warranted given the potential for a shareholder vote or legal actions.

Why Short Term?

The immediate focus on valuation issues may lead to volatility in KLG's stock price. Past investigations have often resulted in rapid market reactions.

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FERGKGIS

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)-- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of WK Kellogg Co (NYSE: KLG) to The Ferrero Group. Under the terms of the proposed transaction, shareholders of WK will receive $23.00 in cash for each share of WK that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-klg/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

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