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Kraft Foods, in Split, Is Keeping Oreos but Not Velveeta - NYTimes.com

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Kraft Foods, in Split, Is Keeping Oreos but Not Velveeta - NYTimes.com: "The food giant said on Thursday that it planned to split into two businesses. Kraft will spin off its North American grocery business — home to familiar brands like Velveeta, Kraft macaroni & cheese and Oscar Mayer meats — to its shareholders. It will hold onto its global snacks business, with brands like Oreos, Cadbury and

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