Caramel Cereal Treats

1. 1

   In a large bowl, combine cereal and peanuts; set aside. In a large microwave-safe bowl, combine the caramels, milk and butter. Microwave, uncovered, on high for 1-2 minutes or until caramels are melted, stirring every 30 seconds.

2. 2

   Pour over cereal mixture; stir to coat. With greased hands, pat mixture into a greased 15x10x1-in. pan.

3. 3

   In a microwave, melt chips stir until smooth. Cool slightly. Drizzle chocolate over caramels. Let stand until set. Cut into bars.

* Per serving · 4 servings · Values may vary.

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