No Hedge Fund Winners Likely in Kraft-Heinz Deal

Shares of the macaroni maker surged on news of the merger, but few hedge funds held Kraft in their portfolios at the end of the fourth quarter.


Shares of Kraft Foods Group surged more than 35 percent on Wednesday, following the news that it agreed to merge with H.J. Heinz Co. in a deal that will create the third-largest food and beverage company in North America, Kraft Heinz Co.

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