Friday, 13 July 2007

UPDATE 2-Icahn takes stake in Kraft Foods - WSJ

(Reuters) - The newspaper said it was unclear how much of a stake Icahn
has taken or when he bought the shares, but it did say he was
not seeking radical changes, as he has at other companies in
which he has invested.




The newspaper, quoting unnamed sources, also said Kraft
Chief Executive Irene Rosenfeld planned to meet next week with
another activist investor, Nelson Peltz.


Read more at Reuters.com Mergers News

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