Berkshire and Brazilian firm will buy Heinz in $28B deal

Warren Buffett's Berkshire Hathaway and Brazilian financial firm 3G Capital signed a $28 billion deal to acquire food giant H.J. Heinz. The buyers will pay $72.50 a share, a 20% premium to Heinz stock's closing price Wednesday, and assume existing debt. Day-to-day management of Heinz will be in the hands of 3G Capital, which also took control of Burger King two years ago.

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