May 27, 2015
A Virginia federal judge on Tuesday consolidated four putative shareholder class actions against Kraft Foods Group Inc. that allege its planned, $45 billion merger with H.J. Heinz Co. gives preference to Heinz, ruling the suits are nearly identical.
April 28, 2015
A merger agreement between H.J. Heinz Co. and Kraft Food Groups Inc. faces opposition from a group of Kraft stockholders, who filed a class action against the two food and beverage companies in Virginia federal court on Tuesday claiming the transaction gave preference to Heinz.