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Heinz (HNZ) is the only food company that can boast 30+ quarters of organic food growth,...

Heinz (HNZ) is the only food company that can boast 30+ quarters of organic food growth, director Nelson Peltz tells CNBC, commenting on the acquisition. "I think there are many deals coming," Peltz says noting the negligible cost of money, which he notes explains his stake in Lazard (LAZ). "The M&A market is just getting rolling."
Comments (4)
  • Chris DeMuth Jr.
    , contributor
    Comments (4040) | Send Message
     
    Thank you, Mr. Peltz, for the great job that you have done for HNZ and your fellow HNZ holders.
    14 Feb 2013, 08:47 AM Reply Like
  • Michael Bryant
    , contributor
    Comments (5363) | Send Message
     
    (LAZ)?
    14 Feb 2013, 09:50 AM Reply Like
  • josephvm1
    , contributor
    Comments (23) | Send Message
     
    The Heinz growth story and shareholder benefits through out the years have been outstanding.

     

    Berkshire and 3G have used their power and influence to purchase the entire company.

     

    Some value investors seek to own shares of companies that they believe may be acquired in the future as a basic strategy. Although my view is selfish, in this case my preference would have been to have Berkshire and 3G join as major shareholders and Heinz continue as a publicly traded company.

     

    It has been a nice ride and I am sorry to loose this company as one of my core holdings. Holding HNZ shares has been almost worry free.

     

    14 Feb 2013, 12:18 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (5363) | Send Message
     
    Try (PEP).
    14 Feb 2013, 01:01 PM Reply Like
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