US CREDIT-Peltz Kraft interest not deathly for spreads

(Reuters) - Peltz's Trian Fund Management LP has acquired a 3 percent
stake in Kraft and wants the company to jettison unsuccessful
brands and find better uses for its cash, a source familiar
with the situation said on Thursday. For details, see
[ID:nN21400640]




Kraft, the maker of Oreo cookies, Jell-O and Oscar Mayer
hot dogs, declined to comment. Trian could not be immediately
reached for comment.


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