About 30 minutes before serving, in 4-quart bowl, combine popped corn and peanuts.
In small pan, place caramel squares and half-and-half. Cook over medium high
heat for 3 minutes, stirring every minute until mixture comes to a boil. Gradually
stir caramel sauce into popcorn mixture until well coated.
Return mixture to stove and cook on high 3 minutes, stirring every minute. Cool
slightly. Onto wax paper, spoon caramel-coated popcorn in small clusters. Cool completely.
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