4 c. Cheerios
2 c. crisp rice cereal
2 c. dry roasted peanuts
2 c. M&M'S®
1 c. light corn syrup
1 c. sugar
1 1/2 c. creamy peanut butter
1 tsp. vanilla

Combine first 4 ingredients in a large bowl and set aside. In a saucepan, bring corn syrup and sugar to a boil, stirring frequently. Remove from heat and stir in peanut butter and vanilla. Pour over cereal mixture, tossing to coat. Spread into a greased 15 x 10 x 1-inch baking pan. Cool and cut into bars, 3 x 3-inches.

Makes 15 bars.