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A SEC filing (8-K) by Heinz (HNZ -0.2%) reveals that the merger agreement with Berkshire...

A SEC filing (8-K) by Heinz (HNZ -0.2%) reveals that the merger agreement with Berkshire Hathaway includes a large $1.4B termination fee. Also buried in the document is word that J.P. Morgan and Wells Fargo have committed to provide $14.1B of new debt financing for the transaction.
Comments (3)
  • wigit5
    , contributor
    Comments (4222) | Send Message
     
    Should be good for the banks no? debt from something owned by Buffet has to have a pretty good rating eh
    15 Feb 2013, 10:01 AM Reply Like
  • magi48
    , contributor
    Comments (184) | Send Message
     
    Warren Buffet's company owns a 19.96% stake in Wells Fargo & Co.
    15 Feb 2013, 12:42 PM Reply Like
  • wigit5
    , contributor
    Comments (4222) | Send Message
     
    good point lol
    15 Feb 2013, 12:58 PM Reply Like
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