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On January 27, 2003, Philip Morris Companies Inc. changed its name to Altria Group, Inc. On March 30, 2007, a spin out of Kraft Foods subsidiary (publicly traded since 2001) was concluded through distribution of the remaining stake of shares (88.1%) to Altria shareholders. As a result, Altria no longer holds any interest in Kraft Foods. (see Wikipedia, "Altria Group")
Makenzie Kautzer
Wiki User
∙ 13y agoit owns heaps of popular brands like Kraft cheeses, dinners and dressings; Oscar Mayer meats; Philadelphia cream cheese; Maxwell House and Jacobs coffee; Nabisco cookies and crackers and its Oreo cookie brand; Milka chocolates; and LU biscuits.
Wiki User
∙ 12y agoWiki User
∙ 13y agoPhilip Morris paid $12.9 billion for Kraft General Foods in 1988
Wiki User
∙ 12y agoPhillip Morris, now called Altria
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Did Philip Morris buy Kraft General Foods?
Philip Morris paid $12.9 billion for Kraft General Foods in 1988
What did Philip Morris pay for Kraft General Foods?
Philip Morris paid $12.9 billion for Kraft General Foods in 1988
What year did Philip Morris buy Kraft General Foods?
Philip Morris paid $12.9 billion for Kraft General Foods in 1988
When was Kraft General Foods created?
1985
Which company bought the Cadbury company?
Kraft Foods Co.
Who owns Birds Eye?
Kraft General Foods
Who made Kool-Aid?
The powdered version was invented by Edwin Perkins, in Hastings, Nebraska, in 1927. The products were marketed by General Foods, which became part of Kraft Foods.
Is Nabisco Foods Group changing their name or is Kraft Foods selling Nabisco Foods?
Nabisco Foods Group is owned By Kraft Foods.
Cadbury is a company of which country?
British founded and owned. Now bought by Kraft foods of America, and being totally destroyed by them
How many shareholders in Kraft food?
Kraft Foods Inc. employs 106,000 people
How many people does Kraft foods employ?
Kraft Foods Inc. employs 106,000 people
How did Betsy Holden start her marketing career?
as an assistant product manager in the desserts division of General Foods Corporation, which later became a part of Kraft Foods. Holden moved to Kraft Foods as a brand manager, first in new products and then for the sandwich spread Miracle Whip
