Berkshire (BRK.A) and 3G Capital are paying almost a 20% premium on Heinz's (HNZ) all-time high....

|About: Berkshire Hathaway Inc (BRK.A)|By:, SA News Editor

Berkshire (BRK.A) and 3G Capital are paying almost a 20% premium on Heinz's (HNZ) all-time high. Buffett will shell out almost $20B in cash, but says "we're still ready for another elephant" with ~$47B cash on the books. HNZ suits Buffett's famous enthusiasm for food: "I've sampled the product many, many times," he tells CNBC. HNZ will be run by 3G, not Berkshire.