date:Jul 18, 2012
mented on a possiblespin-off, but Cramer supports such an action. It's time forHeinz to spin-off its frozen division as a separate company orfind someone else to sell it to, Cramer said, adding that themove would make it easier for Heinz to hit its four to fivepercent organic revenue growth target. The break-up would ridthe company of a struggling division so that Heinz can focus itsinnovation on faster growing categories domestically, and onrapidly expanding emerging markets, which have already