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Overzealous underwriters for Kraft Foods' $7.6 billion initial public offering distributed confidential documents to potential investors, violating Securities and Exchange Commission rules. In a filing Monday, the food giant said the documents included a premarketing feedback form meant to gather investors' reactions and intended for "internal use only."
May 21, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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