On March 25, 2015 H.J. Heinz Company and Kraft Foods Group, Inc. (NASDAQ: KRFT) announced they have entered into a definite merger agreement to create The Kraft Heinz Company. Existing Heinz shareholders will have a 51% ownership stake in the combined company, whereas existing Kraft shareholders will have a 49% ownership stake. Drivers of the … Continue reading HEINZ AND KRAFT TO MERGE, FORMING A NEW FOOD GIANT