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Market Watch (Free subscription) | 07/17/2008
SAN FRANCISCO (MarketWatch) -- Ralcorp Holdings Inc. said Thursday its shareholders approved issuing shares of common stock to proceed with Ralcorp's purchase of Post cereals unit of Kraft Foods . The shares will have a par value of a penny a share. The deal is expected to close in early August. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com...
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PR News Wire (Free subscription) | 06/25/2008
- 10% Exchange Offer Discount Announced -
- Transaction Expected to Close August 4, 2008 -
NORTHFIELD, Ill., June 25 /PRNewswire-FirstCall/ -- Kraft Foods Inc.
(NYSE: ) today announced that it has commenced its exchange offer
related to the split-off transaction of its Post cereals business. The
split-off transaction is in connection with the merger of Cable Holdco,
Inc., a wholly owned subsidiary...
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CFO (Free subscription) | 06/18/2008
Faced with a sagging stock market, companies are spinning off businesses to become more nimble.
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The St Louis Business Journal (Free subscription) | 06/17/2008
Kraft Foods Inc. will distribute approximately 30.4 million shares to investors who can then exchange some or all of their shares into Ralcorp Holdings Inc. common stock in connection with Kraft's sale of its Post cereals division to Ralcorp. (KFT) (RAH)
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Law Blog - WSJ.com (Free subscription) | 06/17/2008
Kraft Foods plans to merge its Post cereals business into private-label food maker Ralcorp using a split-off transaction that is expected to be tax-free to Kraft shareholders.
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Chicago Tribune (Free subscription) | 06/16/2008
Kraft Foods Inc. said Monday that it plans to split off its Post cereal business to stockholders in connection with the packaged-food producer's plan to sell its Post subsidiary to cereal maker Ralcorp Holdings.
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Market Watch (Free subscription) | 06/16/2008
SAN FRANCISCO (MarketWatch) -- Kraft Foods Inc. said late Monday it plans to split off outstanding shares of Cable Holdco Inc., a Kraft subsidiary that will own certain assets and liabilities of the Post cereals business. The split-off is related to the merger of Cable Holdco and Ralcorp Mailman, a subsidiary of Ralcorp Holdings. In November, Ralcorp agreed to buy Post for about $1.6 billion in stock....
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PR News Wire (Free subscription) | 06/16/2008
NORTHFIELD, Ill., June 16 /PRNewswire-FirstCall/ -- The Board of
Directors of Kraft Foods Inc. (NYSE: ) today announced its intention to
distribute via a split-off transaction all of the outstanding shares of
Cable Holdco, Inc., a wholly owned subsidiary of Kraft that will own
certain assets and liabilities of the Post cereals business. The split-off
transaction is in connection with the merger of...
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PR News Wire (Free subscription) | 06/05/2008
BROOMFIELD, Colo., June 5 /PRNewswire-FirstCall/ -- Vail Resorts (NYSE:
MTN) today announced the appointment of Jeffrey W. Jones, senior executive
vice president and chief financial officer of Vail Resorts, to the
Company's Board of Directors on June 2, 2008.
Mr. Jones joined Vail Resorts in September 2003 and was named senior
vice president and chief financial officer in November 2003. In February
2006,...
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Market Watch (Free subscription) | 05/08/2008
SAN FRANCISCO (MarketWatch) -- Ralcorp Holdings Inc. reported late Thursday fiscal second-quarter net earnings of $38.5 million, or $1.46 a share, up from $500,000, or 2 cents, a year ago. The results got a boost from Ralcorp's non-cash gain on forward sale contracts stemming from its 19% stake in Vail Resorts, Inc. Excluding one-time items, earnings from ongoing operations were 86 cents a share in...
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Business Wire (Free subscription) | 04/30/2008
NORTHFIELD, Ill.--(BUSINESS WIRE)--Kraft Foods Inc. (NYSE:KFT):
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DeepMarket Stock Market Blog (Free subscription) | 04/25/2008
Head and Shoulders chart found for the following stocks: Merge Technologies Inc. (MRGE) over a 7 day period with about a 96% match. Petro Resources Corp. (PRC) over a 7 day period with about a 95% match. Nuveen New York Investment Quality Municipal Fund Inc. (NQN) over a 7 day period with about a 92% match. Mitcham Industries Inc. [...]
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Branding Strategy Insider (Free subscription) | 04/18/2008
I have just started working with a new client in London and we have just completed the Day One briefing. This is the moment after all the non-disclosure agreements have been signed when you get a full and frank overview...
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Stocks to Watch Today (Free subscription) | 04/10/2008
Cadbury Schweppes (CSG) has a lot on its plate now that the Easter confection season has passed. First up - an update from management that comes Friday, where the soft drink and candy maker’s plans to split into two units - slated to take place the first week of May - will be a central [...]
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Market Wire - Medical and Healthcare (Free subscription) | 03/27/2008
LONDON, UNITED KINGDOM (MARKET WIRE) Reportlinker.com announces that a new market research report related to the Health food industry is available in its catalogue.