Kraft Heinz To Slash Value Of Its Oscar Mayer Brands

News out of Pittsburgh that’s making national headlines this morning….Kraft Heinz is disclosing an investigation by federal regulators and will slash the value of its Oscar Mayer brands by a $15.4 billion. Shares plunged 20 percent before the opening bell today with the company posting a $12.6 billion loss for the fourth quarter.


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