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Kraft-Unilever Deal Is Off, but Warren Buffett's Anomalies Live On
The story of Kraft Heinz Co.'s takeover bid for Anglo-Dutch consumer-goods giant Unilever is short, having lasted from Friday only to Sunday. But behind it lies a tale of market anomalies that have lasted decades, helped make Warren Buffett's fortune and may -- perhaps -- have ended in a mini-bubble last year.
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