date:Jun 11, 2012
year, Kraft Foods Inc. will change its name to Mondelez International, Inc. and the companys common stock will trade under the symbol MDLZ. Concurrently, the North American grocery business will be spun off to form a new company, Kraft Foods Group, Inc., whose common stock will trade under the symbol KRFT. The symbol KFT will be retired at that time.
Until the spin-off, the name and stock trading symbol for the company will remain Kraft Foods Inc. and KFT, respectively.