Heinz enters deal for $23B buyout

Berkshire Hathaway and 3G Capital have agreed to pay $72.50 per share in cash to acquire H.J. Heinz, in a deal unanimously approved by the packaged-food brand's board of directors. "The Heinz brand is one of the most respected brands in the global food industry, and this historic transaction provides tremendous value to Heinz shareholders," CEO William Johnson said.

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