The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Kraft Foods Group, Inc. (“Kraft” or the “Company”) (Nasdaq: KRFT) relating to the proposed buyout of the Company by H. J. Heinz (“Heinz”).

Under the terms of the transaction, Kraft shareholders will own a 49% stake in the combined company, and current Heinz shareholders will own 51%. Each Kraft shareholder will receive one share of the combined company and a special cash dividend of $16.50 per share. The firm’s investigation seeks to determine, among other things, whether the Company’s Board of Directors failed to satisfy their duties to shareholders, including whether the Board adequately pursued alternatives to the acquisition and whether the Board obtained the best price possible for the Company’s shares of common stock.

If you currently own common stock of Kraft and would like to learn more about the investigation being conducted by Brower Piven, without cost or obligation to you, please visit our website at http://www.browerpiven.com/currentinvestigations.html. You may also request more information by contacting Brower Piven either by email at hoffman@browerpiven.com or by telephone at (410) 415-6616.

Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.