Thursday, June 21, 2007

Investor Peltz may be targeting Kraft-CNBC

(Reuters) - Kraft, the largest U.S. food company with products such as
Oreo cookies and Oscar Mayer lunch meat, was not immediately
available for comment.




Peltz has a 3 percent position in Kraft and is expected to
push the company to undertake a number of significant moves,
CNBC reported on Thursday, citing people familiar with Peltz's
strategy.


Read more at Reuters.com Mergers News

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