The Kraft Heinz Company is breaking up as the Big Food era increasingly looks like it wasn’t such a great idea

The packaged food giant is essentially doing a Ctrl+Z on a megamerger from 2015 that did not provide the value that executives or shareholders had hoped.

Packaged food giant the Kraft Heinz Company announced on Tuesday that its board of directors has unanimously approved a plan to split into two separate, publicly traded companies.


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