Advertisement
 
YOU ARE HERE: LAT HomeCollectionsKraft General Foods Group
IN THE NEWS

Kraft General Foods Group

FEATURED ARTICLES
BUSINESS
August 24, 1991 | From Times Staff and Wire Reports
$10-Million Settlement Proposed: A judge tentatively approved a $10-million settlement awarding $700 in cash and coupons to each of 10,000 people who thought they won a Dodge minivan in a botched Kraft cheese contest. Another 10,000 people would receive $8 to $75 in cash and free-food coupons under the settlement given preliminary approval by Cook County Circuit Judge Albert Green. The settlement, if approved following a scheduled Oct.
ARTICLES BY DATE
BUSINESS
September 9, 2002 | Reuters
Potential buyers for U.S. confectionery giant Hershey Foods Corp. are close to putting their bids on the table, despite ongoing legal hitches, sources familiar with the situation said. Chocolate makers Cadbury Schweppes of Britain and Nestle of Switzerland, meanwhile, are close to an agreement on a joint bid for the company, famous for its Hershey's Kisses and chocolate bars, sources said. Analysts have said the deal, which has attracted attention from Northfield, Ill.-based Kraft Foods Inc.
Advertisement
SPORTS
February 18, 1993 | From Staff and Wire Reports
The women's pro tennis tour will lose its primary sponsor after next year. Kraft General Foods, which sponsors women's tennis worldwide as the Kraft Tour, said it will end its five-year association with the game when its current contract expires after the 1994 season.
BUSINESS
December 2, 2000 | MELINDA FULMER, TIMES STAFF WRITER
A federal appeals court has ruled that Philip Morris Cos.' Kraft Foods and several other cheese makers must face allegations that they illegally conspired to drive down milk prices paid to California farmers. An antitrust suit filed by milk producers in 1998 had been dismissed when a judge ruled in part that the case didn't meet antitrust standards because it didn't show harm to consumers in the form of higher prices. The 9th U.S.
BUSINESS
November 29, 1991 | From Times Staff and Wire Reports
Kraft Is Cutting Cheese Prices: Kraft USA is reducing the price of many of its natural and processed cheeses 8%, effective Monday. The economic slump has meant that "we've seen volume weakness in the cheese category," said President James M. Kilts. "Lower list prices from Kraft will enable our retail customers to begin passing the savings on to consumers and stimulate demand for cheese products." Glenview, Ill.-based Kraft USA is part of Kraft General Foods Inc.
BUSINESS
September 9, 2002 | Reuters
Potential buyers for U.S. confectionery giant Hershey Foods Corp. are close to putting their bids on the table, despite ongoing legal hitches, sources familiar with the situation said. Chocolate makers Cadbury Schweppes of Britain and Nestle of Switzerland, meanwhile, are close to an agreement on a joint bid for the company, famous for its Hershey's Kisses and chocolate bars, sources said. Analysts have said the deal, which has attracted attention from Northfield, Ill.-based Kraft Foods Inc.
BUSINESS
January 14, 1992 | Associated Press
It's orange-flavored Tang versus grapefruit-flavored Ting in a trademark infringement lawsuit filed by Kraft General Foods Inc. Kraft General Foods, maker of the orange powder that rocketed to prominence when U.S. astronauts took it to the moon, said it will "suffer irreparable damage" unless a New York judge permanently bans competitor Ting from the U.S. market. "How much closer can you get than Ting and Tang?" asked Kraft General Foods attorney Ethan Horwitz.
BUSINESS
October 14, 1994
Mendoza, Dillon & Associates has been selected by Kraft General Foods Inc. to buy all of its advertising time on Hispanic television in the United States, beginning Jan. 1. The size of the Hispanic television budget was not disclosed. Andres Sullivan, executive vice president and executive creative director for Mendoza, Dillon, said the company expects to be able to handle the larger workload without doing much new hiring.
BUSINESS
November 2, 1993 | CHRIS WOODYARD, TIMES STAFF WRITER
Kraft General Foods Inc. said Monday that it has agreed to sell its Orange-based Birds Eye frozen vegetables division to Dean Foods Co. for $140 million. Birds Eye, which has annual sales of about $250 million, was put up for sale in September as part of a strategy by Kraft's parent company, Philip Morris Cos., to pare slow-growth divisions. At the same time, the purchase will provide a brand name to Dean Foods, a Franklin Park, Ill.
BUSINESS
November 2, 1993 | CHRIS WOODYARD, TIMES STAFF WRITER
Kraft General Foods Inc. said Monday it has agreed to sell its Orange-based Birds Eye frozen vegetables division to Dean Foods Co. for $140 million. Birds Eye, which has annual sales of about $250 million, was put up for sale in September as part of a strategy by Kraft's parent company, Philip Morris Cos., to pare slow-growth divisions. There are about 25 employees in Birds Eye's headquarters in Orange, part of a work force of 50 in California and 900 nationwide.
SPORTS
February 18, 1993 | From Staff and Wire Reports
The women's pro tennis tour will lose its primary sponsor after next year. Kraft General Foods, which sponsors women's tennis worldwide as the Kraft Tour, said it will end its five-year association with the game when its current contract expires after the 1994 season.
BUSINESS
December 8, 1992 | JACK SEARLES
California Vegetable Concentrates, which produces dehydrated foods at its plant in Saticoy, has been sold to a King City company by Kraft Food Ingredients Corp., a unit of Kraft General Foods. The sale, for an undisclosed amount, will not affect California Vegetable, which employs 75 at its Ventura County location, said DeeAnn Gunn, a spokeswoman for the purchaser, Basic Vegetable Products. California Vegetable supplies ingredients to major food companies worldwide.
BUSINESS
December 5, 1992 | From Times Staff and Wire Reports
Kraft Realigns Operating Groups: Kraft General Foods said it is restructuring several of its business units, leaving its U.S. retail food operations with just two operating divisions, Kraft USA and General Foods USA. Under the realignment, Oscar Mayer Foods and All American Gourmet Corp. will become units of Kraft USA. KGF Frozen Products Group will be disbanded, with three of its four business units going to General Foods USA and the remaining one to Kraft USA.
BUSINESS
November 17, 1992 | From Reuters
Philip Morris Cos. said Monday that it will buy the U.S. and Canadian ready-to-eat cold cereal businesses of RJR Nabisco Holdings Corp. for $450 million in cash. The purchase, by Philip Morris unit Kraft General Foods Inc., will also include certain international trademarks. The deal will make Kraft the third-largest cereal maker, after Kellogg Co. and General Mills Inc.
Los Angeles Times Articles
|