H.J. Heinz (NYSE: HNZ) announced on Thursday that it has agreed to be acquired by Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK.A) and private equity firm 3G Capital in deal estimated at more than $28 billion, which will also include debt, sending shares of ketchup making giant up by nearly 20% in premarket trading.
Continue reading Heinz to be Acquired by Berkshire Hathaway and 3G Capital (HNZ, BRK.A)
Shares of H.J. Heinz Company (NYSE: HNZ), a manufacturer and marketer of a range of food products throughout the world, are seeing a huge rally in trading today after the company agreed to be acquired by Warren Buffett’s Berkshire Hathaway and 3G Capital.
Shares of Yelp Inc. (NYSE: YELP), a San Francisco, California-based company connecting people with local businesses, surged in trading today.
Continue reading Major Gainers and Losers on August 29; YELP, ZNGA, JOSB, TFM, FB, JOY, HNZ
H.J. Heinz Co. (NYSE: HNZ) cut its long term growth outlook a bit, citing investments in business amid a feeble and volatile global economic environment.
Continue reading Heinz Scales Back Long Term Growth Outlook (HNZ)