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RPT-NEWSMAKER-Rosenfeld wakes market with Kraft split plan
Reuters: Non-Cyclical Consumer Goods
Fri, 5 Aug 2011
CHICAGO/NEW YORK, Aug 4 (Reuters) - Kraft Foods Inc CEOIrene Rosenfeld ended her victorious five-month battle for British chocolatier Cadbury last year saying she wanted a good night's sleep.
The burdens of a possible Cadbury acquisition and Kraft's recent decision not to raise its dividend (a first since its spin-off) should give dividend investors pause.