SOURCE: Industrial Info Resources

Industrial Info Resources

February 15, 2013 06:30 ET

H.J. Heinz Goes Private in $28 Billion Deal With Berkshire Hathaway, 3G Capital Management, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwire - Feb 15, 2013) - Researched by Industrial Info Resources (Sugar Land, Texas) -- In the largest Food and Beverage Industry transaction on record, H.J. Heinz Company (NYSE:HNZ) (Pittsburgh, Pennsylvania) has agreed to be acquired by Berkshire Hathaway (NYSE:BRK-A) (Omaha, Nebraska) and 3G Capital Management for $28 billion, including debt. Industrial Info is currently tracking nearly $20 million in capital expenditures at Heinz facilities.

Other companies featured: General Electric (NYSE:GE)

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