Update 3: Wrigley to Buy Candy Brands From Kraft
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Looking to extend more of its marketing might from gum to candy, Wm. Wrigley Jr. announced Monday it has agreed to buy Life Savers and Altoids from Kraft Foods in a $1.
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Wm. Wrigley Jr. Co., the world&#39;s largest chewing-gum maker, will close a plant in Phoenix that makes Eclipse breath strips and move production to Poland.
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Kraft Foods said Wednesday that Timothy R. McLevish, currently C.F.O. of Ingersoll-Rand, would take the same position at Kraft in October.
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Kraft Foods Inc said on Tuesday it has  struck deals with Starbucks Corp and Bosch Household Appliances  to fuel growth of its Tassimo hot beverage system, which the  company said was on track to become a $200 million brand by  year&#39;s end.
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Wm. Wrigley Jr. Co. WWY.N is buying  the Life Savers and Altoids candy and mint businesses from  Kraft Foods Inc. KFT.N for $1.48 billion in cash, the  companies said on Monday.
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Wm. Wrigley Jr. Co. agreed to buy the brands including Altoids mints and Life Savers for $1.48 billion from Kraft Foods Inc., its biggest acquisition ever, to expand its share of the candy market.
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The sale would give Kraft a new asset in the snack food business, its fastest growing segment, and allow it to extend its global reach.
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Kraft Foods Inc. KFT.N said on   Wednesday it completed the acquisition of United Biscuits'   Iberian operations and recovered rights to several Nabisco   trademarks in Europe, the Middle East and Africa.
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NEW YORK - Food giant Kraft Foods Inc. has put its Altoids breath mints and Life Savers brands on the block in a sale that could generate well over $1 billion, people familiar with the situation said Friday.
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French food group Danone  is in  exclusive talks to sell its biscuit and cereal snack unit for  5.3 billion euros ($7.2 billion) in cash to Kraft Foods Inc  , the world&#39;s biggest cookie maker, they said on  Tuesday.
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Kraft Foods Inc., the largest food company in the United States, said Monday that it agreed to sell its sugar confectionery business to Chicago-based Wm. Wrigley Jr. Co., the world's largest chewing gum maker, for $1.48 billion.
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MIAMI - Small toys showing an airplane flying into the World Trade Center were packed inside more than 14,000 bags of candy and sent to small groceries around the country before being recalled.    Lisy Corp., the wholesaler that distributed the candy, said Friday that the toys were purchased in bulk from a Miami-based import company...
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U.S. meat company Smithfield  Foods Inc.  would be interested in the Oscar Mayer meat  unit of Kraft Foods Inc. if it became available, but the price  may be too high, a top Smithfield executive told Reuters on  Wednesday.
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Wrigley today announced plans to buy those brands from Kraft Foods for one-point-four-eight (B) billion dollars. The sale includes the Life Savers, Creme Savers and Altoids brands, as well as several local
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Danone  is in exclusive talks to sell its biscuit and cereal unit to the world's biggest cookie maker, Kraft Foods , for 5.3 billion euros ($7.20 billion) in cash, the food groups said on Tuesday.
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Kraft Foods Inc  said on Tuesday it struck deals for Starbucks  coffee to be sold for its Tassimo hot beverage machine and to replace the current manufacturer of the Tassimo machine with Bosch Household Appliances.
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Wm. Wrigley Jr. Co. WWY.N is buying  the Life Savers and Altoids candy and mint businesses from  Kraft Foods Inc. KFT.N for $1.48 billion, the companies said  on Monday.