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Oprah, Kraft Heinz Form Joint Venture

  • CNBC, Friday, January 27, 2017 8:02 AM

Heinz ketchup maker Kraft Heinz and media mogul Oprah Winfrey are forming a joint venture to develop a new line of food products in the U.S. The joint venture, Mealtime Stories, will initially make ready-to-eat refrigerated products across multiple categories, and 10% of its profits will be donated to charities focusing on eradicating hunger. 

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