Focus
Heinz
Kraft Wants You to Feel Good About Serving Mac and Cheese to Your Children
The company said they are revamping their mac and cheese recipe to reflect changing consumer tastes.
FBI to Investigate Heinz Insider Trading
After the SEC announced a probe into irregular trading activities ahead of the Heinz acquisition by Warren Buffett, the FBI said it is launching its own investigation. The two agencies will cooperate to find out if insider information was used to make a $1.7 million profit in one trade.
Buffett Buys Heinz for $23 Billion
Warren Buffett’s company Berkshire Hathaway and investing firm 3G will take packaged food maker H.J. Heinz private for a cash consideration of $23 billion.
