Description: Just days ago, the fate of a 144-year-old American icon was being hashed out in a Pittsburgh conference room as executives spoke by phone to representatives of two global billionaires who went by the code names “Owl” and “Goose.”
Source: NYTimes.com
Date: Feb 15, 2013
Link: http://dealbook.nytimes.com/2013/02/14/berkshire-and-3g-capital-to-buy-heinz-for-23-billion/
Questions for Discussions:
- Describe the finiancial structure of the deal.
- How does it differ from typical Berkshire structures?
- Why do you suppose this deal was structured in the way that it was?
- Is the $23 billion price fair?
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