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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

Link: http://money.cnn.com/2017/11/22/investing/kraft-heinz-pepsi-warren-buffett/index.html

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?

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