Kraft Foods Shareholders Approve Merger Agreement - Quick Facts

(RTTNews) - Kraft Foods Group, Inc. (KRFT) announced that its shareholders voted to approve the merger agreement providing for the creation of The Kraft Heinz Company. The company reported that, in a preliminary count of the voting results, more than 98 percent of votes cast at the special meeting voted in favor of the transaction, representing more than 69 percent of all outstanding Kraft shares.

The merger was announced on March 25, 2015 and received regulatory approvals in the U.S. and Canada. The company said the approval by shareholders clear the way for the merger to close after market close on July 2, 2015, subject to certain customary closing conditions.