So 3G/BRK made their move and Kraft it is. Buffett was on CNBC this morning and he said that BRK paid $4.25 billion for common stock in Heinz initially and will pay another $5.2 billion to get this deal done for a total common equity investment of around $9.5 billion. After this deal…
Tag: KRFT
Heinz Update: Who’s Next?
So it’s been about a year since BRK and 3G Capital acquired Heinz (HNZ). This is old news to most of you as the 10-Q for the first quarter was posted more than a month ago. It is pretty amazing to read and you will see how incredible the 3G folks really are. To find…