Heinz Ketchup Sells For $28 Billion
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Via: Food Business News
An investment group has entered into a definitive merger agreement to acquire The H.J. Heinz Co in a transaction valued at $28 billion.
The board of directors of Heinz has unanimously approved the agreement, and Heinz shareholders will receive $72.50 in cash for each share of common stock they own.
What a great day for those who own a little Heinz share.
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