Ingredients
1(5-oz.)
Line two large rimmed baking sheets with parchment paper.
Cook, stirring occasionally, until butter is melted.
Credit: JAMES RANSOM
Combine cereal, pretzels, and peanuts in a large bowl.
Drizzle with half of the butter mixture; gently toss to coat.
Add remaining butter mixture; gently toss to coat.
Arrange in a single layer on prepared pans.
Let cool completely on baking sheets, about 30 minutes.