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Main article: Kraft Foods Inc. § History. Mondelez International is rooted in the National Dairy Products Corporation (National Dairy), which was founded on December 10, 1923, by Thomas H. McInnerney and Edward E. Rieck. The firm was initially set up to execute on a rollup strategy in the fragmented United States ice cream industry.
Kraft Foods Inc. (/ ˈ k r æ f t /) was a multinational confectionery, food and beverage conglomerate. [4] It marketed many brands in more than 170 countries. Twelve of its brands annually earned more than $1 billion worldwide: Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Trident, and Tang. [5]
The lawsuit further declared that Musk was not permitted by the acquisition contract to place the deal on hold, and that Musk's misleading statements had contributed to declining Twitter stock prices. [82] [83] Former Twitter security chief Peiter Zatko claimed that the company had misled the public on its privacy and security woes.
Mondelez could be the name to watch — under CEO Dirk Van de Put, the company has made several big acquisitions, notably spending $2.9 billion to buy Clif Bar.
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Mondelez said last week that first quarter sales and profits surged 18.1% and 17.3%, respectively, from a year ago. The gains reflect strong demand for Oreos and Chips Ahoy cookies despite price ...
This is a list of brands developed, owned, or licensed by Mondelez International (formerly Kraft Foods Inc.). The company's core businesses are snack foods and confectionery. Kraft-branded products are made for some international territories by Mondelez International under license from Kraft Heinz Company since 2012.
A nonprofit that monitors online hate speech urged a U.S. federal judge to throw out what it called a "ridiculous" lawsuit by Elon Musk's X Corp to stifle free expression. X, formerly Twitter ...