Kraft Foods (KRFT) leaps on Heinz deal

Kraft Foods Group, Inc. KRFT shares surged 36.8% to $83.87, following the announcement of merger with Heinz. H.J. Heinz Company and Kraft Foods Group announced that they have entered into a definitive merger agreement to create a new entity called The Kraft Heinz Company. Share volume was 47.1 million, dwarfing an all-day average of 2.9 million.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
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!