Yes,On the last day of January, Altria, parent of the world's largest cigarette maker, said that it would spin off its remaining stake in Kraft Foods (KFT; ranked 2 STARS, sell) on Mar. 30. Although Kraft had its IPO in June, 2001, Altria still owns 49.5% of the Class A common stock and all of the Class B common stock, giving it an 88.
mo and kft is good buy?
ckingmi (2007-02-25 20:30:35) 评论 (0)Yes,On the last day of January, Altria, parent of the world's largest cigarette maker, said that it would spin off its remaining stake in Kraft Foods (KFT; ranked 2 STARS, sell) on Mar. 30. Although Kraft had its IPO in June, 2001, Altria still owns 49.5% of the Class A common stock and all of the Class B common stock, giving it an 88.