6.26.2012

Kraft ... spin-off details

Kraft Foods Inc. To Transfer Stock Listing to NASDAQ

 Excerpt:

At the time of the spin-off later this year, Kraft Foods Inc. will change its name to Mondelez International, Inc., and the company's common stock will trade under the symbol MDLZ. Concurrently, the North American grocery business will be spun off to form a new company, Kraft Foods Group, Inc., whose common stock will trade under the symbol KRFT. The symbol KFT will be retired at that time.
Comment: On "Mondelez" = "delicious world" but some people find the name offensive.

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