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Investment groups buy Pittsburgh icon Heinz for $28 billion

Source: Pittsburgh Post-Gazette

- Last modified: February 15, 2013 at 8:19 AM

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Before the stock markets opened Thursday, the world-famous ketchup maker announced it had agreed to be acquired for $28 billion in cash and debt by an investment group partnership between Berkshire Hathaway, headed by one of America's great investors, Warren Buffett, and 3G Capital, a New York firm that already owns well-known brands such as Burger King and Budweiser.

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