Kraft to Celebrate Its Successful Spin-Off From Mondelēz International, Inc. on Oct. 1
ADVISORY, Oct. 1, 2012 (GLOBE NEWSWIRE) --
Kraft Foods Group, Inc., a $19 billion food & beverage powerhouse with a portfolio of beloved, iconic brands, will ring the NASDAQ Stock Market Opening Bell remotely from its Northfield, Illinois headquarters tomorrow, Tuesday, October 2.
By ringing the Opening Bell, Kraft will celebrate its successful October 1 spin-off from its parent company, Mondelēz International, Inc. (formerly Kraft Foods Inc.).
Kraft Foods Group will begin "regular-way" trading on The NASDAQ Global Select Market tomorrow, October 2, 2012, under the ticker symbol "KRFT." Mondelēz International, Inc. will start "regular-way" trading tomorrow, October 2, 2012, on The NASDAQ Global Select Market under the ticker symbol "MDLZ." The previous ticker symbol, "KFT," will be retired.
On June 26, 2012 Kraft Foods Inc. switched its exchange listing and began trading on The NASDAQ Global Select Market. To date, more than half a trillion dollars in market capitalization has transferred listings and has begun trading on The NASDAQ Stock Market.
For additional information about the spin-off transaction, please visit the Kraft Foods Investor Center at ir.kraftfoodsgroup.com.
Kraft Corporate Headquarters, 3 Lakes Drive, Northfield, Illinois
Tuesday, October 2, 2012 – 9:15 a.m. to 9:30 a.m. ET
Fiber Line (Encompass Waterfront): 4463
Gal 3C/06C 95.05 degrees West
18 mhz Lower
DL 3811 Vertical
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About Kraft Foods
Kraft Foods Group, Inc. (Nasdaq:KRFT) is a new company that has been around 109 years. North America's fourth largest consumer packaged food and beverage company, Kraft had revenues of approximately $19 billion in 2011. The company has an unrivaled portfolio of products in the beverages, cheese, convenient meals and grocery categories. Its iconic brands include Kraft, Maxwell House, Oscar Mayer, Planters and JELL-O. Kraft's 25,000 employees in the U.S. and Canada have a passion for making the foods and beverages people love. Kraft Foods Group became an independent company on Oct. 1, 2012 and will be a member of the Standard & Poor's 500 index. For more information, visit www.kraft.com.
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