Kraft Foods Will Complete Spin-off October 1

Kraft Foods Inc. KFT announced today that it expects shares of Kraft Foods Group, Inc. common stock and Mondelez International, Inc. common stock ex-distribution to begin trading on a "when-issued" basis on The NASDAQ Global Select Market on Sept. 17, 2012, under the symbols "KRFTV" and "MDLZV," respectively.  Kraft Foods Inc. will continue to trade, with the entitlement to the shares of Kraft Foods Group, Inc. common stock that will be distributed in the spin-off, on The NASDAQ Global Select Market under the symbol "KFT."
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsAsset Sales
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!