- Berkshire Hathaway and 3G Capital, two private equity behemoths, have announced a plan to buy Heinz for more than $23 billion.
- The measure has already been voted for unanimously by the board and is now pending shareholder and regulatory approval.
- The two companies have pledged to keep Heinz operations the same and look forward to expanding the company.
From the article:
... "Heinz has strong, sustainable growth potential based on high quality standards, continuous innovation, excellent management and great tasting products," Berkshire Chief Executive Warren Buffett said. ...