It is too early to talk about significant cost cutting at H.J. Heinz Co following its acquisition by Berkshire Hathaway Inc and 3G Capital, one of the principals of 3G said on Thursday. The $23 billion deal is expected to close in the third quarter of this calendar year, Heinz Chief Executive William Johnson said at a press conference in Pittsburgh.
Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-A traded higher by 0.88% or $1298.0/share to $149048.00. In the past year, the shares have traded as low as $117000.00 and as high as $148562.00. On average, 73650 shares of BRK-A exchange hands on a given day and today's volume is recorded at 200.
Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-B traded higher by 0.9% or $0.88/share to $98.85. In the past year, the shares have traded as low as $77.98 and as high as $99.00. On average, 4489370 shares of BRK-B exchange hands on a given day and today's volume is recorded at 2657144.
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