Corporate
Feb. 15, 2013
Munger Tolles helps guide massive Heinz deal
H.J. Heinz Co. is being purchased by Berkshire Hathaway Inc. and 3G Capital Management LLC for $28 billion in cash, the largest-ever food industry acquisition, according to Heinz.
Daily Journal Staff Writer
H.J. Heinz Co., the iconic ketchup brand that has topped diner and dinner tables alike for well more than a century, is about to get a new owner: Warren E. Buffett's conglomerate Berkshire Hathaway Inc. and 3G Capital Management LLC, which bought it for $28 billion in cash in what Heinz is calling the largest-ever food industry acquisition.
Per terms of the deal, announced Thursday, Berkshire a...
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