Free Republic 3rd Quarter Fundraising Target: $85,000 Receipts & Pledges to-date: $75,729
89%  
Woo hoo!! And now less than $9.3k to go!! Less than $800 to the yellow!! We can do this!! Thank you all very much!!

Keyword: buffetheinz

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  • Buffett pulls off fresh blockbuster with $23 billion Heinz deal

    02/14/2013 8:23:15 AM PST · by South40 · 30 replies
    Reuters ^ | 2/14/2013 | Ben Berkowitz and Martinne Geller
    (Reuters) - Warren Buffett's Berkshire Hathaway and private equity firm 3G Capital will buy ketchup and baby food maker H.J. Heinz Co for $23.2 billion in cash, a deal that combines 3G's ambitions in the food industry with Buffett's hunt for growth. Including debt assumption, Heinz valued the transaction, which it called the largest in its industry's history, at $28 billion. Berkshire and 3G will pay $72.50 per share, a 19 percent premium to the stock's previous all-time high.