Buffett, 3G Capital Buying Heinz for $28B

PITTSBURGH — Berkshire Hathaway and 3G Capital have reached an agreement to acquire H.J. Heinz Co. in a transaction valued at $28 billion, Heinz said Thursday. It is being reported as the biggest deal ever in the food industry.

Heinz shareholders will receive $72.50 in cash per share of common stock — a 20% premium to Heinz’s closing share price of $60.48 Wednesday — and the buyers will also assume Heinz’s outstanding debt. Heinz will continue to be headquar

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