Description: Warren Buffett often jokes that he gets a quarter of his daily caloric intake from Coca-Cola. But an investment firm is suggesting that Kraft Heinz, which Buffett’s Berkshire Hathaway owns a nearly 27 percent stake in, may want to buy Coke rival Pepsi.
Source: CNNMoney.com – video report
Date: Nov 22, 2017
Questions for discussion:
- Why would Buffett want to include Pepsi in his collection of businesses?
- Do you think a merger has any chance of happening?