Kraft Heinz Spinoff Announced — Buffett, Largest Shareholder, Says Breakup Won’t Fix It

Kraft Heinz Failed Merger To End In Spinoff Kraft Heinz (KHC)’s board has completed its summer homework and turned in the assignment. In July, we discussed reports that Kraft Heinz would spinoff its grocery business, and, immediately after Labor Day, after the last slow days of summer, the grocery spinoff is official.  As is typical, the announcement trumpets the… Read More »