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@scott: KRFT Pre Market: 71.00 Up 9.67 (15.78%) Regards, Ted
Some discussion now that Kraft holders will get a special dividend. Kraft will merge with Heinz, then Heinz returns to being a public company with the combined company.
Existing Heinz shareholders will have a 51% ownership stake in the combined company, and existing Kraft shareholders will have a 49% ownership stake on a fully diluted basis. Each share of Kraft will be converted into one share of The Kraft Heinz Company..."
Comments
Regards,
Ted
http://www.sec.gov/Archives/edgar/data/1545158/000119312515104004/d895300dex991.htm
Of interest:
"...Structure, Terms and Synergies
Existing Heinz shareholders will have a 51% ownership stake in the combined company, and existing Kraft shareholders will have a 49% ownership stake on a fully diluted basis. Each share of Kraft will be converted into one share of The Kraft Heinz Company..."