Kraft Heinz Must Face Investors' $15.4B Impairment Suit
By Dean Seal ( August 12, 2021, 7:55 PM EDT) -- An Illinois federal judge denied bids by the Kraft Heinz Co. and the private equity firm that guided the Kraft-Heinz merger to dismiss a proposed class action claiming that the food giant concealed post-merger cost-cutting practices that led to a $15.4 billion goodwill impairment....
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