Heinz Bought for $23 Billion!

Everyone knows Billionaire Warren Buffet, being one of the most closely watched investors in the world. The businessman has decided to put his money in the ketchup business, buying Heinz Co for 23.3 Billion dollars, making it the richest deal ever in the food industry!

The deal is intended to help Heinz expand globally as opposed to being one of the most dominant brands only in America. The acquisition was made possible due to Buffet’s investment firm Berkshire Hathaway and another form 3G Capital, which is known for it’s acquisition of Burger King.

Now Buffet can add to his resume owner of one of America’s oldest and most familiar brands, one that’s in refrigerators and kitchen cupboards all over the U.S. & slowly the world!