1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
CanadianValue
CanadianValue
Articles (4624) 

Buffett on Blockbuster Deal - Heinz Is My Kind of Acquisition

February 14, 2013 | About:

Warren Buffett called in to CNBC to discuss the $28 billion Heinz deal. The idea for the deal was born in early December when 3G approached Warren.

The deal involves Berkshire (NYSE:BRK.A)(NYSE:BRK.B) being a 50/50 equity partner with 3G. Berkshire will also own some preferred stock that 3G won't. In essence, Berkshire is both a financing and equity partner.

Buffett is willing to pay a 20% premium to the recent share price because the company has a great group of products and clearly has a moat that is impossible to scale.

Here is Buffett discussing it:







About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 5.0/5 (2 votes)

Comments

Please leave your comment:


GuruFocus has detected 3 Warning Signs with Berkshire Hathaway Inc $BRK.A.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.

Performances of the stocks mentioned by CanadianValue


User Generated Screeners


Roger SteraWalter Schloss Screen2
Roger SteraPeter Lynch Screen
wwygeraGrowth Stocks
pbarker46Financial strength
song.chenghuaNet Net 2
song.chenghuaNet Net
Roger SteraGrowth stock
alexbernal0Euclidian2
alexbernal0Euclidian
alexbernal0insiderOwners2
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK