Kraft and Heinz To Merge: What it Means For Mutual Fund Investors (KRFT)
Shauna O'Brien Mar 25, 2015
Inside the Deal
The combined company is expected to have revenue of about $28 billion. Under the agreement, Kraft shareholders will own 49% of the combined company. Kraft shareholders will also receive a $16.50 special dividend.
Packaged Foods Companies Struggle
Mutual Funds to Watch
|VTSMX||Vanguard Total Stock Market Index||1.75%|
|VWINX||Vanguard Wellesley Income Fund||1.38%|
|VFINX||Vanguard 500 Index||1.12%|
The Bottom Line
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