3/4 c. butter
1/2 c. grated Parmesan cheese
1 1/2 tsp. Italian seasoning
8 c. Quaker Oat Squares cereal
1 1/2 c. thin pretzel sticks
1 1/2 c. peanuts

Heat oven to 325 degrees. In 13 x 9 baking pan, heat butter in oven until melted. Remove pan from oven; stir in cheese and seasoning. Add cereal, pretzels, and peanuts, stirring until well coated. Bake 20 minutes, stirring occasionally during baking. Cool. Store tightly covered. Approximately 11 cups.