What does dog food and cereal have in common? Apparently, an owner. General Mills Inc. (GIS) is dropping $8 billion to buy organic pet food maker Blue Buffalo (BUFF) . 

While you know General Mills as the staple of the standard American breakfast, the company does a lot more than fill your cereal bowl.

Beyond Lucky Charms and Cheerios, the company owns a variety of typical kitchen pantry must-haves. More than 75% of General Mills' revenue comes from North American retail and products that include Pillsbury, Yoplait and Old El Paso and more. 

Subscribe to TheStreet on Youtube and enjoy these Editor Picks!

N/A

More from Video

How Movie Theaters and Real Estate Are Changing Going Into 2019

How Movie Theaters and Real Estate Are Changing Going Into 2019

Jim Cramer on When Johnson & Johnson Is a Buy

Jim Cramer on When Johnson & Johnson Is a Buy

Gold Is Still The More Stable Safe Haven Asset For 2019 - Phil Streible

Gold Is Still The More Stable Safe Haven Asset For 2019 - Phil Streible

Google Is the One Stock to Buy if You Want to Invest in Artificial Intelligence

Google Is the One Stock to Buy if You Want to Invest in Artificial Intelligence

Jim Cramer on Johnson & Johnson, the Santa Claus Rally and the State of Gold

Jim Cramer on Johnson & Johnson, the Santa Claus Rally and the State of Gold