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DewDiligence

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DewDiligence

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Re: DewDiligence post# 6538

Thursday, 02/14/2013 8:42:51 PM

Thursday, February 14, 2013 8:42:51 PM

Post# of 30493
Additional color on the HNZ buyout from DealBook:

http://dealbook.nytimes.com/2013/02/14/berkshire-and-3g-capital-to-buy-heinz-for-23-billion

p.s. Hedge-fund operator and HNZ director, Nelson Peltz sold several hundred million dollars of HNZ stock during the past 1.5 years; he made a nice profit but missed the big bang at the end.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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