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Wednesday, March 25, 2015

Market Chatter- Corporate finance press digest, (NASDAQ: KRFT)

The following corporate finance-related stories were reported by media:* Kraft Foods Group Inc, the supplier of Velveeta cheese and Oscar Mayer meats, is in talks to be acquired by Brazilian private equity firm 3G Capital, a source familiar with the matter told Reuters.

Kraft Foods Group, Inc. is a consumer packaged food and beverage company. Shares of KRFT fell by 1.28% or $-0.795/share to $61.32. In the past year, the shares have traded as low as $53.33 and as high as $67.74. On average, 2992940 shares of KRFT exchange hands on a given day and today's volume is recorded at 3416743.