Categories: ThecounT

Heinz Ketchup SOLD To Warren Buffet For $23 BILLION!

For $23 billion dollars! Heinz is bought by Warren Buffet and 3G Capitol Management, a Brazilian-backed investment firm. Another American iconic product being bought out.

I suppose the bright side of this venture is, the Brazilian firm has a complementary business to Heinz: Burger King. Also, the food company will stay in Pittsburgh, which has been Heinz’s home for 120 years.

Source.

Anna

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