Heinz Needs Faster Global Growth And Better Margins To Justify $28 Billion Acquisition Price
By Trefis : H. J. Heinz & Co. ( HNZ ) shot up 20% in Thursday's trade following the announcement of a buyout deal with Berkshire Hathaway ( BRK.A ) and 3G Capital. The two financiers have partnered to buy Heinz's equity at $72.5 a piece, 19% above its all time high and 30% above its one-year ...
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