Heinz and Kraft Will Merge

H.J. Heinz and Kraft Foods Group will merge into the world's fifth largest food and beverage company, bent on cutting costs, growing internationally and evolving into a more consumer focused company.

The merger, valued at about $36 billion, will allow Kraft to move and grow faster than they could on their own.

Creating an unparalleled portfolio with The Kraft-Heinz Company:  3rd Largest North American food and beverage company.  5th Largest food and beverage company globally.  $28 billion in revenue and $8 billion in brands

This union would create the fifth largest food and drink giant in the world.  Here's more from USA Today!