Markets

The SEC Sues Unidentified Traders Over Suspicious Activity Before The Heinz Deal

[credit provider=”Heinz” url=”http://www.heinz.com/our-company/about-heinz/history.aspx”] This just in from Bloomberg: the SEC is suing some unidentified traders over suspicious trading activities before the Heinz deal Warren Buffett did this week (check out the complaint here).Yesterday, Warren Buffett teamed up with the richest man in Brazil, Jorge P. Lemann, to buy Heinz for […]
The SEC Sues Unidentified Traders Over Suspicious Activity Before The Heinz Deal
Markets

In Buying Heinz, Warren Buffett Went Into Business With The Richest Man In Brazil

[credit provider=”YouTube” url=”http://www.youtube.com/watch?v=DkQcZYjVKek”] Everyone’s talking about the massive deal Warren Buffett did buying Heinz ketchup for $28 billion in cash, $72.50 a share.Thing is, Buffett’s not doing this alone. Berkshire Hathaway will own 50% of Heinz, and another company, 3G Investments will own the the rest.
In Buying Heinz, Warren Buffett Went Into Business With The Richest Man In Brazil