How will the new mega-company, formed by the merger of Heinz and Kraft Foods, affect our region?
H.J. Heinz Co. is buying Kraft Foods Group Inc., creating what the companies say will be the third-largest food and beverage company in North America.
H.J. Heinz Co. says it agreed to be acquired by Warren Buffett’s Berkshire Hathaway and 3G Capital in a deal valued at $23.3 billion.
Heinz Chairman, President and CEO Bill Johnson issued a letter to employees this morning after news broke that the company agreed to be acquired by Berkshire Hathaway and 3G Capital.
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