Hey Mr. Buffett, These Companies Are Just Like H.J. Heinz Company (HNZ)!
From Insider Monkey - Free Hedge Fund and Insider Trading Data
February 20, 2013 - 1:00pm
LONDON – What’s so special about H.J. Heinz Company (NYSE:HNZ), that Warren Buffett — together with private equity group 3G — will shell out $28bn to buy it? The price is certainly no steal, valuing the company at 21 times forward earnings. That’s a 20% premium to its all-time high share price, providing an unexpected bonus [...]
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