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Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the biggest food conglomerates on the planet. One of the companies, currently called Global Taste Elevation Co., will include shelf-stable meals and include brands such as Heinz, Philadelphia cream cheese, and Kraft Mac & Cheese, Kraft Heinz said Tuesday. The other, currently called North American Grocery Co., will include brands such as Oscar Mayer, Kraft Singles, and Lunchables. Read
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