Caramel Stuffed Krispie Bars

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14 oz caramel pieces, unwrapped
1 can (14 oz) sweetened condensed milk
1/2 cup butter
12 Tbsp butter, divided in half
10 cups Rice Krispie cereal, divided in half
10 cups mini marshmallows, divided: 4 cups, 4 cups & 2 cups

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