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Nabisco |
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Nabiscoin full National Biscuit CompanyFormer U.S. snack food and bakery product company. It was formed in 1898 when the American Biscuit Company merged with the New York Biscuit Company and went on to introduce a number of popular consumer brands such as Oreo cookies (1912) and Ritz crackers (1934). After being acquired by R.J. Reynolds in 1985 and becoming part of RJR Nabisco, Nabisco was sold to Philip Morris Cos. (renamed Altria Group, Inc.), which was the parent company of Kraft Foods, Inc. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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The Facility will be used to partially finance JT's proposed acquisition of the non-US tobacco business of RJR Nabisco Inc. He previously served as vice chairman of RJR Nabisco Inc. Bank covenants limiting intercompany loans and dividend payments, significant public ownership, and the company's independent borrowing status are key factors enabling Standard & Poor's to distinguish Nabisco's ratings from those of RJR Nabisco Inc. |
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