Mix popcorn, M & Ms and peanuts in a large bowl. Heat oil, butter and marshmallows in pan until melted. Pour over popcorn and blend together with heavy spoon or hands.
Spray Bundt cake pan with vegetable spray. Press mixture lightly into pan and refrigerate until cool. To remove cake from pan, put the pan in warm water then turn upside down until cake comes out.
Suggestion: Use different color M&Ms for different holidays.
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