Economics

Berkshire Hathaway, 3G Capital Buying Heinz

$23.2 billion deal

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Warren Buffett's Berkshire Hathaway Inc and 3G Capital will buy H.J. Heinz Co.for $72.50 a share, or $23.2 billion in cash, Heinz said on Thursday.

Including debt assumption, Heinz valued the deal at $28 billion, which it called the largest in food industry history.