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Topic: Warren Buffet, 3G to buy
Heinz for $23B |
Warren Buffet, 3G to buy
Heinz for $23B
Reuters, by Staff
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Original Article
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Posted By:JoniTx, 2/14/2013 8:31:14 AM
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| Warren Buffett´s Berkshire Hathaway Inc and 3G Capital will buy H.J. Heinz Co for $72.50 a share, or $23.2 billion in cash, Heinz said on Thursday. Including debt assumption, Heinz valued the deal at $28 billion, which it called the largest in food industry history.Heinz said the deal would be financed with cash from Berkshire and 3G, debt rollover and debt financing from J.P. Morgan and Wells Fargo. The company did not elaborate on what portion of the cash would be contributed by Berkshire and what portion would come from 3G. CNBC reported that each side would put up $4.5 billion
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Reply 1 - Posted by:
KanCreeper, 2/14/2013 8:44:39 AM (No. 9175630)
Mr. Teresa Heinz cuts a Fat Hog!
Or headline could say " LURCH SCORES!"
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Reply 2 - Posted by:
Screwgun, 2/14/2013 9:21:35 AM (No. 9175707)
What a coincidence that this is announced right after Liveshot is confirmed.
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Reply 3 - Posted by:
jar, 2/14/2013 9:26:14 AM (No. 9175715)
Crony Capitalism!
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Reply 4 - Posted by:
coyote56, 2/14/2013 12:31:03 PM (No. 9176197)
Heinz has been my favorite since 1st grade but now I´ll try to change to Delmonte.
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Reply 5 - Posted by:
tenncon231, 2/14/2013 4:23:52 PM (No. 9176722)
Red Gold is an excellent competitor to Heinz!
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Reply 6 - Posted by:
garyhope, 2/15/2013 12:15:36 AM (No. 9177381)
Jon Francois Carry is busy now ordering another new boat and a private jet.
Have you heard that he´s been in Vietnam and Christmases in Cambodia?
Buffet OWNS JFK now.
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Below, you will find ...
Most Recent Articles posted by "JoniTx"
and
Most Active Articles (last 48 hours)
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Most Recent Articles posted by "JoniTx"
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Woodward: It Isn’t Watergate,
but It Is Nixonian
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Wall Street Journal, by Dion Nissenbaum
Original Article
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Posted By: JoniTx- 5/19/2013 2:04:47 PM
Post Reply
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Washington - Veteran journalist Bob Woodward accused Obama administration officials of invoking the worst instincts of former President Richard Nixon in their response to last year’s deadly attack on two U.S. compounds in Benghazi, Libya. “This is not Watergate, but there are some people in the administration who have acted as if they want to be Nixonian, and that’s a very big problem,” he said on NBC’s “Meet the Press.” The longtime Washington Post journalist, whose reporting on the Watergate burglary led to the resignation of Mr. Nixon in 1974, questioned the Obama
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‘Totally Misleading’: Chris
Wallace Grills White House
Adviser Over Benghazi Emails,
Talking Points
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Mediaite, by Meenal Vamburkar
Original Article
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Posted By: JoniTx- 5/19/2013 1:40:13 PM
Post Reply
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White House Senior Adviser Dan Pfeiffer made the Sunday show rounds this week, including a stop at Fox News Sunday, where Chris Wallace pressed him on the administration’s handling of and response to the Benghazi attack. Wallace persisted on the topic of the emails about the talking points in particular — but the two couldn’t manage to agree. Wallace began by questioning Pfeiffer about what President Obama did the night of the attack and whether he was in the situation room — but Pfeiffer said Obama was kept updated, and didn’t provide specifics, contending that which room
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Adviser on White House
scandals: "Partisan fishing
expeditions" won´t distract Obama
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CBS News, by Lindsey Boerma
Original Article
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Posted By: JoniTx- 5/19/2013 1:35:48 PM
Post Reply
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"Partisan fishing expeditions" - like the amplifying clamor around news that the Internal Revenue Service targeted for excessive review conservative groups applying for tax-exempt status - White House senior adviser Dan Pfeiffer said Sunday on "Face the Nation," won´t "distract" President Obama from doing his job. Pfieffer did admit, however, the the IRS´ conduct was wrong and should be fixed. "It´s inexcusable conduct that needs to be fixed," Pfeiffer said. "It was an incredible breach of the public´s trust, and we have to repair that breach; no question about that." But "this is a Republican
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CNN Poll: Obama approval
rating unharmed by controversies
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Washington Post, by Sean Sullivan
Original Article
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Posted By: JoniTx- 5/19/2013 1:15:19 PM
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Even as his administration has faced intense scrutiny over a trio of controversies, President Obama’s approval rating hasn’t suffered, according to a new CNN/ORC International poll released Sunday. Fifty-three percent of Americans said they approve of the job the president is doing, while 45 percent said they disapprove. That’s virtually unchanged from an early April survey in which Obama’s approval/disapproval split was 51 percent to 47 percent. The poll is one of the earliest indicators of how Obama’s image has been affected during one of the worst weeks of his presidency.
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Update: Car hits crowd of
hikers; at least 50 injured,
4 seriously hurt
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Herald Courier [Bristol VA], by Kevin Castle
Original Article
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Posted By: JoniTx- 5/18/2013 7:45:59 PM
Post Reply
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DAMASCUS, Va - At least 50 people were injured Saturday after a car struck a crowd of hikers in the Appalachian Trail Days parade in Damascus. A Virginia State Police reconstruction team has closed off the bridge where the incident happened and is investigating it as a crime scene. According to authorities, a green Cadillac was traveling on Route 91 in Damascus around 2:15 p.m. when his vehicle cut through a nearby car wash located off Third Street, where the parade was taking place. The car then went around several vehicles in the parade and plowed
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Obama invokes his fatherless
childhood at stop in Baltimore
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Politico, by Jennifer Epstein
Original Article
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Posted By: JoniTx- 5/18/2013 5:48:01 PM
Post Reply
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President Obama spoke of the importance of fathers to their sons on Friday after a young man he met at a community center in Baltimore mentioned wanting to provide for his sons. “You know, one of the biggest challenges – I grew up without a father,” Obama said at the Center for Urban Families, which serves fathers and their families. A man named Marcus Dixon had just told him about the center´s key role in helping him learn to provide for his family after being released from jail. "You know, I always tell people that, as great and heroic
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IRS targeting overlooked
biggest players in outside
political spending
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Associated Press, by Staff
Original Article
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Posted By: JoniTx- 5/18/2013 5:35:30 PM
Post Reply
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WASHINGTON There´s an irony in the Internal Revenue Service´s crackdown on conservative groups. The nation´s tax agency has admitted to inappropriately scrutinizing smaller tea party organizations that applied for tax-exempt status. But the IRS largely maintained a hands-off policy with the much larger, big-budget organizations on the left and right that were most influential in the 2012 elections and are organized under a section of the tax code that allows them to hide their donors. "The IRS goes AWOL when wealthy and powerful forces want to break the law in order to hide their
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Most Active Articles (last 48 hours)
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Officials on Benghazi:
"We made mistakes,
but without malice"
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CBS News, by Sharyl Attkisson
Original Article
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Posted By: Drive- 5/17/2013 3:02:24 PM
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Obama administration officials who were in key positions on Sept. 11, 2012, acknowledge that a range of mistakes were made the night of the attacks on the U.S. missions in Benghazi, and in messaging to Congress and the public in the aftermath. The officials spoke to CBS News in a series of interviews and communications under the condition of anonymity so that they could be more frank in their assessments. They do not all agree on the list of mistakes and it's important to note that they universally claim that any errors or missteps did not cost lives and reflect "incompetence rather than malice or cover up.
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Evidence emerges that Obama
administration official knew of
IRS targeting during 2012 campaign
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CBS News, by Margaret Brennan
Original Article
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Posted By: earlybird- 5/18/2013 9:01:39 PM
Post Reply
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WASHINGTON - There were new questions Saturday night concerning if anyone in the White House was aware of the IRS´ targeting of conservative groups. Inspector General Russell George said he informed a deputy at the Treasury Department in June of 2012 about the probe into the IRS. The Treasury Department confirmed the timeline but said they did not know the details of the investigation until last week.(Snip)Marcus Owens ran the tax-exempt division at the IRS for 10 years. He said it isn´t difficult to figure out who´s doing what at the agency.
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Analyze this
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Power Line, by Scott Johnson
Original Article
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Posted By: MissMolly- 5/19/2013 11:33:33 AM
Post Reply
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What did President Obama do on the evening of 9/11/12 when our men were under attack in Benghazi? The invaluable Andrew McCarthy reminds us that Obama and Secretary Clinton had a 10:00 p.m. phone call of which many (including, I think, Chris Wallace) have lost sight. This morning when Wallace asked Obama aide Dan Pfeiffer what Obama was up to that evening, Pfeiffer declared the line of inquiry “offensive.” Translation: Obama and his minions would prefer to “move on” and are warning the likes of FNC off:(Snip for video)The Weekly Standard’s Daniel Halper has posted the rush transcript
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Watergate 2.0 -- why the
IRS scandal is far worse
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Fox News, by Matt Kibbe
Original Article
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Posted By: StormCnter- 5/18/2013 5:59:17 AM
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In the wake of one of the worst abuses of government power in recent history, many are rushing to frame the Internal Revenue Service scandal as simply an attack on conservative activists. That view risks creating a partisan political football and misses a fundamentally scarier abuse that exceeds the scandals of Watergate or any other prior government abuse. The IRS has admitted that since May 2010 it targeted grassroots-conservative organizations that had applied for tax-exempt status, unfairly subjecting them to rigorous scrutiny due to their political leanings. Such groups were told they were required to comply with IRS requests,
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Lew asks Congress for debt increase,
says it’s ´not open to debate´
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The Hill, by Peter Schoeder
Original Article
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Posted By: DW626- 5/18/2013 6:12:33 PM
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Treasury Secretary Jack Lew on Friday urged congressional leaders to raise the debt limit and insisted that the White House is not going to negotiate over the increase because lawmakers have "no choice." "We will not negotiate over the debt limit," Lew wrote. "The creditworthiness of the United States is non-negotiable. The question of whether the country must pay obligations it has already incurred is not open to debate." Lew said that while President Obama is willing to discuss plans to reduce the nation´s deficit with Congress, those talks must be kept separate from any effort to raise the nation´s debt cap.
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McCaskill Calls For Firing Of All
Involved In IRS Targeting Scandal
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KMOX [St, Louis], by Staff
Original Article
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Posted By: BuckeyeRon- 5/18/2013 2:46:31 PM
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Washington – Sen. Claire McCaskill, D-MO, issued a video statement Friday in response to reports that the Internal Revenue Service unfairly targeted conservative nonprofit groups. (Snip) “There’s a reason Lady Justice wears a blindfold in America. That is because in America, we don’t apply the law based on who you are, who you know, or what you believe. We apply the law equally.” “We should not only fire the head of the IRS, which has occurred, but we’ve got to go down the line and find every single person who had anything to do with this and make sure
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Higher-Ups Knew of IRS Case
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Wall Street Journal, by John D. McKinnon*
Original Article
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Posted By: Dreadnought- 5/17/2013 10:23:18 PM
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The Internal Revenue Service´s watchdog told top Treasury officials around June 2012 he was investigating allegations the tax agency had targeted conservative groups, for the first time indicating that Obama administration officials were aware of the explosive matter in the midst of the president´s re-election campaign. The disclosure to the Treasury general counsel and the deputy secretary was a cursory one, according to J. Russell George, the Treasury inspector general for tax administration. He said he didn´t reveal conclusions of the probe, which was in its early stages, and his disclosure came as part
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