3G Gets Krafty- Puts Heinz Ketchup On Oscar Mayer Weiners, With Assist From Warren Buffett

Less than 3 years after being spun off from then Kraft Foods (now the ill-named Mondelez [MDLZ]), Kraft Foods Group (KRFT) has agreed to a merger with Heinz. Heinz was taken private in 2013 by Brazilian private equity firm 3G capital, with backing from Warren Buffett’s Berkshire Hathaway(BRKA,BRKB).  Berkshire Hathaway and 3G will be injecting an additional $10 billion… Read More »