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.

This story is only available from our archives.

Business, Pages 27 on 02/15/2013


« Previous Story

Jobless claims fall, beating forecasts

A job seeker completes an application form last month at a job fair in Sunrise, Fla. Last week, unemployment claims decreased by 27,000, the Labor Department said Thursday.

Fewer Americans than projected filed applications for unemployment benefits last week, indicating an improving... Read »

Next Story »

Law Students Arguing For Trip To National Cha...

Robert Goins, left, University of Arkansas law student with the school’s law team, walks back to his desk Thursday after speaking with the judges, from left, Sonya Dodson, Michael Dodson and Vince Chaddick during a mock trial in the courtroom at the Old Washington County Courthouse during the the Regional Championship of the annual National Trial Competition. The regional championship brings together 22 teams from law schools in Arkansas, Oklahoma, Kansas and Tennessee. The top two teams will compete in the National Competition in San Antonio on April 3-6.

Future Perry Masons tried a murder case Thursday in Fayetteville but instead of someone going to prison, law ... Read »