Buffett Kraft Foods

Warren Buffett, through his company Berkshire Hathaway, has staked 8.6% (or 132,393,800 shares) in Kraft Foods. The dollar amount of this investment totaled, $132.4 million. Buffett's draw to the Kraft Foods company was said to have been the quality of the brand name. Kraft is the maker of such well-known brands as: Oreo, Maxwell House, and Kraft Cheese.

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Buffett Kraft Foods News
- BBC News: Buffett buys stake in Kraft Foods (February 15, 2008)
  - "'Mr Buffett likes brand names with good franchises and clearly Kraft has a number of those," said Jerry Bruni, a portfolio manager at JV Bruni and Co in Colorado Springs.'"
- Forbes.com: Buffet Takes A Big Bite Of Kraft, Glaxo (February 15, 2008)
  - "On Thursday, Warren Buffett's Berkshire Hathaway announced it took a 132.4 million stake in Kraft Foods"
- CNNMoney.com: Berkshire Hathaway discloses 8.6% stake in company (February 15, 2008)
  - "In a filing with the Securities and Exchange Commission filed late Thursday, Kraft said Berkshire owns 132,393,800 shares of its common stock."
- Bloomberg.com: Buffett's Berkshire Becomes Largest Kraft Shareholder (February 15, 2008)
  - "Buffett, who says he reviews hundreds of annual reports each year in search of the best investments, made Berkshire the largest holder in Kraft, according to Bloomberg data, with a holding worth about $3.9 billion. He has said he likes to take large stakes in the companies he knows best."
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