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The Pittsburgh-based ketchup maker said Tuesday that shareholders overwhelmingly approved its acquisition by Warren Buffett's Berkshire Hathaway and 3G Capital, the investment firm that also owns Burger King. The firms have said that Berkshire is
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The Pittsburgh company, which also makes baked beans, vinegar and Classico pasta sauce, had announced in February that it was being acquired and taken private by Warren Buffett's Berkshire Hathaway and 3G Capital. The firms noted at the time that
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Heinz appoints the CEO of Burger King; Brazilian Bernardo Hees because the next chief government, in a sign of what could also be the primary of the many changes that prepare the new house owners of the condiment maker. <
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Heinz is bringing in Burger King CEO Bernardo Hees as its next top executive, signaling what may be the first of many changes planned by the ketchup maker's new owners. The Pittsburgh-based company, which also makes baked beans, vinegar and Classico
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Burger King CEO Bernardo Hees will take the top job at Heinz following its acquisition by investment firm 3G Capital and Warren Buffett's Berkshire Hathaway Inc. More News The 43-year-old Hees has been CEO at Burger King, another 3G Capital
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Consequently the Daily Show took a stab at the topic late last week in a segment on mergers and acquisitions...It opens with a montage of clips from financial media about "Merger Mania" the idea that, after the Warren Buffett 's Heinz deal, Michael
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Kass will fill the third slot on an analyst panel at the meeting, Buffett said on Monday...Monday morning, Buffett said he had chosen Kass, the president of Seabreeze Partners Management in Florida and a well-known media personality in his own right.
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If you're wondering why making a $24.1 billion net gain can be deemed a failure for Buffett, it's because the S&P (Standard & Poor's) 500 gained a 16 percent increase in 2012. As he notes, this is the ninth time in 48 years that Berkshire's
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For just the 9th time, Berkshire's book value rose less than the S&P 500...Berkshire pursued a couple of "elephants" but mostly came up empty, until the recent big Heinz deal (page 2). Iscar, Lubrizol, Marmon Group and MidAmerican Energy) broke the
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From Warren Buffett's letter , a plan to spice up his annual shareholder meeting. Finally to spice things up we would like to add to the panel a credentialed bear on Berkshire, preferably one who is short the stock. Not yet having a bear identified,
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