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Wednesday, March 25, 2015

Kraft Foods to merge with ketchup maker Heinz, (NYSE: BRK-A), (NYSE: BRK-B), (NASDAQ: KRFT)

Kraft Foods Group Inc said it would merge with ketchup maker H.J. Heinz Co, owned by 3G Capital and Warren Buffett's Berkshire Hathaway Inc, to form the third-largest food and beverage company in North America. Kraft shareholders will own a 49 percent stake in the combined company and Heinz shareholders 51 percent.

Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-A fell by 0.75% or $-1641.0/share to $217005.00. In the past year, the shares have traded as low as $181785.00 and as high as $229374.00. On average, 300 shares of BRK-A exchange hands on a given day and today's volume is recorded at 344.

Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-B fell by 0.87% or $-1.27/share to $144.29. In the past year, the shares have traded as low as $121.09 and as high as $152.94. On average, 3687790 shares of BRK-B exchange hands on a given day and today's volume is recorded at 2764871.

Kraft Foods Group, Inc. is a consumer packaged food and beverage company. Shares of KRFT fell by 1.28% or $-0.795/share to $61.32. In the past year, the shares have traded as low as $53.33 and as high as $67.74. On average, 2992940 shares of KRFT exchange hands on a given day and today's volume is recorded at 3438001.



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