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Monday, March 4, 2013

Berkshire on hunt for more Heinz-like deals -Buffett, (NYSE: BRK-A), (NYSE: BRK-B)

Berkshire Hathaway Inc is on the hunt for more deals similar to its planned purchase of H.J. Heinz Co, Warren Buffett, the conglomerate's chief executive, said on Monday."If we get a chance to purchase another Heinz, we will do that," Buffett said on CNBC-TV.Berkshire likes the ketchup maker's business, the deal's $23 billion price, and its partner in the transaction, private equity firm 3G Capital, Buffett said in an extended interview."We hope to own Heinz 100 years from now," Buffett said. "If you own great brands and you take care of them, they're terrific assets."

Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-A remained unchanged at $152750.00. In the past year, the shares have traded as low as $117422.00 and as high as $153739.00. On average, 74085 shares of BRK-A exchange hands on a given day and today's volume is recorded at 0.

Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-B remained unchanged at $102.05. In the past year, the shares have traded as low as $78.21 and as high as $102.33. On average, 4662340 shares of BRK-B exchange hands on a given day and today's volume is recorded at 8617.



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