Kraft may be selling Post cereal
Alpha-Bits, Grape Nuts, and Shredded Wheat may no longer carry the Post label. Kraft Foods Inc., which owns the Post cereal division, is in talks to sell the cereal section to Ralcorp Holdings, Inc. The stock market liked the rumor, with Kraft’s shares climbing on just the basis of the rumor.
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Posted by DamDanger on November 20th, 2007 filed in Small Business |
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