Friday, August 5, 2011
The Kraft Foods Split Is The Grand Finale Of An Epic Transformation
On August 4, 2011, Kraft Foods revealed that it will become two different publicly traded companies: one company will handle snacks and another will manage the grocery business in North America. The company's decision isTop story:Kraft Foods Inc., the world's second largest food firm, plans to split into two publicly traded companies. One will focus on its North American grocery operations, accounting for about $16 billion in sales, while the other will manage theHere's a closer
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