Heinz sells for $23 billion to Buffett’s Berkshire, 3G

Posted: February 15, 2013 at 3:29 a.m.

An H.J. Heinz Co. factory in Pittsburgh churns out products Thursday. The Heinz corporate headquarters is expected to remain in Pittsburgh after the company is sold.

Warren Buffett’s Berkshire Hathaway Inc. and Jorge Paulo Lemann’s 3G Capital have agreed to buy H.J. Heinz Co. for about $23 billion, ending the independence of the food and condiments maker that traces its roots to the 1860s.

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Business, Pages 27 on 02/15/2013