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FEB 14, 2013 - New Statesman

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It's official: Buffett is buying Heinz

Berkshire Hathaway, 3G Capital takeover.Warren Buffett has bought Heinz (along with 3G Capital), for $28bn. This is the food industry's largest ever acquisition. Here's the Heinz statement: PITTSBURGH & OMAHA, Neb. & NEW YORK–(BUSINESS WIRE)–H.J. Heinz Company (NYSE: HNZ) (“Heinz”) today announced that it has entered into a definitive merger agreement to be acquired by an investment consortium comprised of Berkshire Hathaway and 3G Capital. Under the terms of the agreement, which has been unanimously approved by Heinz’s Board of Directors, ... Read More

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