Heinz Being Bought by Berkshire Hathaway Group for $28B
Written by: Joseph Woelfel
Tickers in this article:
BRK.A HNZ
NEW YORK (TheStreet) -- H.J. Heinz(HNZ) , the ketchup maker, said Thursday it agreed to be bought by an investment group that includes Warren Buffett's Berkshire Hathaway(BRK.A) .
The deal is valued at $28 billion, including debt.
Heinz shareholders will get $72.50 in cash for each common share they own.
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Heinz shares closed Wednesday at $60.48.
>> Click here to read more about the deal: Warren Buffett's Elephant Gun Hits Heinz, by Antoine Gara
-- Written by Joseph Woelfel
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