How to Make It
Cook first 3 ingredients in a large saucepan over medium-low heat, stirring constantly, until blended and mixture begins to bubble. Remove from heat.
Combine 6 cups cereal and chocolate morsels in a large bowl. Stir in hot peanut butter mixture until combined. Spread mixture into a plastic wrap-lined 13- x 9-inch pan. Cool completely; cut into squares.