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

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

By ZACHARY TRACER BLOOMBERG NEWS

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

KEVIN LORENZI
Credit: Bloomberg News
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

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