Seeking Alpha

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)
  • 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
  • Warren Buffet's company owns a 19.96% stake in Wells Fargo & Co.
    15 Feb 2013, 12:42 PM Reply Like
  • good point lol
    15 Feb 2013, 12:58 PM Reply Like
DJIA (DIA) S&P 500 (SPY)