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Published: Saturday, 6/9/2012

Kraft to move listing from NYSE to Nasdaq


NEW YORK -- Kraft Foods Inc. is spurning the New York Stock Exchange and moving its stock listing to the Nasdaq June 26, a move the company says will cut costs as it prepares to split into two publicly traded companies.

The packaged foods maker also said Nasdaq's billboard in the heart of Times Square will give its brands such as Oreo, Nabisco, and Cadbury greater visibility.

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