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Heinz Sells Assets for $506 Million
http://www.wkrc.com ^ | 2/22/2006 9:30:01 AM | www.wkrc.com

Posted on 02/22/2006 10:40:51 PM PST by ATOMIC_PUNK

H.J. Heinz Co. said Tuesday it was selling its European seafood business to Lehman Brothers Merchant Banking for $506 million.

The transaction is subject to customary EU competition review and approval. Pending regulatory approval, Heinz expects to complete the transaction by the end of March 2006.

This major transaction successfully focuses our portfolio in Europe on three core categories: Ketchup and Sauces; Infant Nutrition; and Meals and Snacks, said a Heinz spokesman.


TOPICS: Business/Economy; Culture/Society; Foreign Affairs
KEYWORDS: elite; heinz

1 posted on 02/22/2006 10:40:52 PM PST by ATOMIC_PUNK
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To: ATOMIC_PUNK

Campaign season already?


2 posted on 02/22/2006 10:42:42 PM PST by SmithL (Sarchasm: The gulf between the author of sarcastic wit and the person who doesn't get it.)
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To: ATOMIC_PUNK
From the Lehman site:

"Henry Lehman, an immigrant from Germany,"

So the Europeans are going to trust their ketchup needs to an AMERICAN who immigrated from GERMANY?

Hellooooo! Do you people remember World War II? Started by...?

I can't believe Europe is going to let a German immigrant to America (which is worse?) get into their ketchup supply. Hmm, weren't there POISON GASSES manufactured in Germany?!??

I think the President is all wrong on this. The Democrats are going to make such hay. At least Jimmy Carter is against it...no, actually he's for it. I hope the EU nations get together and oppose this deal with a company with ties to a guy who lived in the nation of Nazism (!) less than two centuries ago. Come on, EU nations, I'm calling on you--England, Italy, Germany! Uh...

;P

3 posted on 02/22/2006 10:47:06 PM PST by Darkwolf377 (Dubai-u's fault--The Port Non-Issue is Hillary's Sistah Soulja moment)
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To: SmithL

Is that a new tagline? If not, I can't believe I hadn't noticed it before, it's great.


4 posted on 02/22/2006 10:50:41 PM PST by AuH2ORepublican (http://auh2orepublican.blogspot.com/)
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To: ATOMIC_PUNK
Ahhh don't eat Heinz ketchup! Europe is a breeding ground for terrorists! Richard Reid and the people who blew up the subway were British citizens! /sarcasm
5 posted on 02/22/2006 10:54:59 PM PST by Echo Talon
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To: ATOMIC_PUNK
Infant Nutrition


6 posted on 02/22/2006 10:56:02 PM PST by quantim (If the Constitution were perfect it wouldn't have included the Senate.)
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To: SmithL

Terresssssssssssssssssssssssa only has some shares and NO controlling authority nor say so in that company at all.


7 posted on 02/22/2006 10:56:30 PM PST by nopardons
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To: Darkwolf377

LOL


8 posted on 02/22/2006 10:57:05 PM PST by nopardons
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To: nopardons

Good. But I don't buy it anyway. Name association, or something.....


9 posted on 02/22/2006 10:58:57 PM PST by singfreedom ("Victory at all costs,.......for without victory there is no survival."--Churchill--that's "Winston")
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To: ATOMIC_PUNK

So does this mean JFsKerry has already funded his campaign. It would be such a pitty if he spends all that wifey GREEN and then gets the floor wiped up with his sorry butt. NOT!

I know I can't take seeing his ugly sKerry kisser day after weary day. And the other prospect isn't any better. It's going to be a tedious time folks.


10 posted on 02/22/2006 10:59:36 PM PST by Frwy
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To: ATOMIC_PUNK

ketchup sucks


11 posted on 02/22/2006 11:01:36 PM PST by RIGHT IN LAS VEGAS
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To: AuH2ORepublican
Pretty cool, huh? I found (and adopted) it earlier this year. It's easier than remembering to include sarcasm tags on all my posts.
12 posted on 02/22/2006 11:02:44 PM PST by SmithL (Sarchasm: The gulf between the author of sarcastic wit and the person who doesn't get it.)
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To: singfreedom
Well, I buy it; it's THE best ketchup there is and Terry has absolutely NOTHING at all to do with how the company is run! Neither has she a say so in anything at all, re that company.
13 posted on 02/22/2006 11:09:54 PM PST by nopardons
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To: singfreedom

http://www.undueinfluence.com/heinz.htm

By the way, stay away from Boston Market (Heinz).


14 posted on 02/22/2006 11:10:16 PM PST by Westlander (Unleash the Neutron Bomb)
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To: RIGHT IN LAS VEGAS

Yea i don't like it either


15 posted on 02/22/2006 11:11:55 PM PST by ATOMIC_PUNK (The Death Penalty isn't for making examples it's for making bad people DEAD!)
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To: Darkwolf377

Don't forget the german ties to 9/11!!!!!! I heard from Jack Cafferty that 2(!) of the hijackers once rode in a Volkswagen!!!!!


16 posted on 02/22/2006 11:16:22 PM PST by ozzymandus
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To: ATOMIC_PUNK

I wonder if she'll use that cool half Billion to buy Gin-soaked Raisins for us little folk???


17 posted on 02/22/2006 11:18:33 PM PST by tcrlaf
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To: ATOMIC_PUNK

When you do some reading what that junk is made of, eating polypropylene is healthier. Heinz has the most 'fillers' in it.


18 posted on 02/22/2006 11:22:01 PM PST by Westlander (Unleash the Neutron Bomb)
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To: Darkwolf377
"Henry Lehman, an immigrant from Germany," So the Europeans are going to trust their ketchup needs to an AMERICAN who immigrated from GERMANY? Hellooooo! Do you people remember World War II? Started by...?

Henry Lehman may have been German, but he was also Jewish, a rare condition for a Nazi. He also died before Hitler was born, another small detail.

19 posted on 02/22/2006 11:32:48 PM PST by Alter Kaker ("Whatever tears one sheds, in the end one always blows one's nose." - Heine)
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To: Alter Kaker
Henry Lehman may have been German, but he was also Jewish, a rare condition for a Nazi. He also died before Hitler was born, another small detail.

I thought the excess !!!!!! and hysterical tone would have alerted you, but I am going to have to resign myself to writing after every sarcastic post. Although others seemed to catch it.

Sarcasm, dude, it was sarcasm.

20 posted on 02/22/2006 11:35:49 PM PST by Darkwolf377 (Dubai-u's fault--The Port Non-Issue is Hillary's Sistah Soulja moment)
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To: ozzymandus
Don't forget the german ties to 9/11!!!!!! I heard from Jack Cafferty that 2(!) of the hijackers once rode in a Volkswagen!!!!!

Ah HA!

Hey, why not, it makes as much sense as this "They're all Arabs" attitude?

21 posted on 02/22/2006 11:38:20 PM PST by Darkwolf377 (Dubai-u's fault--The Port Non-Issue is Hillary's Sistah Soulja moment)
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To: SmithL
Campaign season already?

It appears that is the situation.

22 posted on 02/23/2006 12:15:18 AM PST by Cobra64
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To: ATOMIC_PUNK

Isn't this a case of outsourcing?And I am sure I heard kerry rant and rave about the evils of outsourcing,


23 posted on 02/23/2006 12:42:01 AM PST by taxesareforever (Government is running amuck)
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To: RIGHT IN LAS VEGAS
ketchup sucks

Heinz Ketchup sucks.

There are many other brands of ketchup available on the shelves of my favorite grocery store.

24 posted on 02/23/2006 1:20:22 AM PST by TYVets (God so loved the world he didn't send a committee)
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To: SmithL
Getting out of the EU or Europe while the getting is good ?.
Or getting out of Europe before the Mooslims take over and declare ( opps, they already did with the west and the USA ) have full scale war on the EU and the west ?
25 posted on 02/23/2006 1:59:41 AM PST by Prophet in the wilderness (PSALM 53 : 1 The FOOL hath said in his heart , There is no GOD .)
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To: Westlander

By the way, stay away from Boston Market (Heinz).

Sorry can't do that. I love that place. Boycotts (only in my opinion) don't work anyway. I have never witnessed a business going under because of a boycott.


26 posted on 02/23/2006 2:11:56 AM PST by napscoordinator
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To: nopardons

Yeah, but she and her brats get rich off the profits. I don't care whether or not she is running the place but I DO care if I'm helping in any way to fund sKerry's adventures.


27 posted on 02/23/2006 4:30:24 AM PST by NonValueAdded ("Washington Media: controversy, crap, and confusion" Sen. Alan Simpson)
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To: napscoordinator; Westlander
stay away from Boston Market (Heinz).

This is not an issue that I work to stay current on, but I thought Boston Market was bought by McDonald's.

28 posted on 02/23/2006 8:57:02 AM PST by SmithL (Sarchasm: The gulf between the author of sarcastic wit and the person who doesn't get it.)
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