In October 2000, Kellogg Co. agreed to purchase Keebler Foods Co. for $4.3 billion in cash and assumed debt. This was a(n) ____________________________________.

Name: In October 2000, Kellogg Co. agreed to purchase Keebler Foods Co. for $4.3 billion in cash and assumed debt. This was a(n) ____________________________________.
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Kellogg's purchase of Keebler Foods Co. for $4.3 billion in cash and assumed debt is an acquisition, which means one company has bought another company and now owns it.