Description: Warren Buffett stole headlines when he committed $12.1 billion in a deal to take ketchup maker HJ Heinz Co. (HNZ) private this year. Managers at his Berkshire Hathaway Inc. (BRK/A) spent as much in 2012 while attracting less attention.
Source: Bloomberg.com
Date: May 10, 2013
Questions for Discussions:
- What does this report say about financial planning of growth and the use of internally generated funds?
- What are the advantages and disadvantages of delegating decision-making to the local CEO?
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