Kraft Foods announces final proration factor of 8.0255% for shares
Kraft Foods has announced that the final proration factor related to the split-off of the Post cereals business is 8.0255%.
A total of 568,543,287 common shares of Kraft were validly tendered in exchange for 30,466,805 shares of Cable Holdco, Inc. common stock.
Cable Holdco was a wholly owned subsidiary of Kraft that owned certain assets and liabilities of the Post cereals business.
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