Crain's Chicago reports that a local protein bar company called RxBar is being acquired by Kellogg's for $600 million. RxBar was started by some friends in their early 30s with $10,000 in funds. They initially built it out of their parent's suburban kitchen, then into a commercial space in the city. They now have $120 million in revenue, employ 75, are hiring 40 more, and the owners (and any later investors they may have) are about to become spectacularly rich: Four years ago, Peter Rahal was making protein bars in his parents' Glen Ellyn … [Read more...]