NYSE, KFT - Kraft Foods Inc.
Kraft was incorporated in 2000 in the Commonwealth of Virginia. We manufacture
and market packaged foods and beverages worldwide in more than 150 countries. We
have nine brands with revenues exceeding $1 billion: Kraft cheeses, dinners and
dressings; Oscar Mayer meats; Philadelphia cream cheese; Maxwell House coffee;
Nabisco cookies and crackers and its Oreo brand; Jacobs coffees, Milka
chocolates and LU biscuits. We have more than 50 additional brands with revenues
of at least $100 million.
Prior to June 13, 2001, Kraft was a wholly-owned subsidiary of Altria
Group, Inc. (?Altria?). On June 13, 2001, we completed an initial public
offering of 280,000,000 shares of our Common Stock at a price of $31.00 per
share.
In the first quarter of 2007, Altria spun off its remaining interest (89.0%) in
Kraft on a pro rata basis to Altria stockholders in a tax-free transaction. ...
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