Kraft to Split in Two

Kraft to Split in Two

NORTHFIELD, Ill. - Kraft Foods said Wednesday it plans to spin off its North American grocery business and create two separate companies - one focused on the high-growth snack business and the other on its iconic grocery brands.

NORTHFIELD, Ill. - Kraft Foods said Wednesday it plans to spin off its North American grocery business and create two separate companies - one focused on the high-growth snack business and the other on its iconic grocery brands.

The surprise move comes 18 months after Kraft acq

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