date:May 07, 2014
Type
Buffett didnt immediately respond to a request for comment sent to an assistant. A representative for New York-based 3G Capital declined to comment on its acquisition plans.
Buffett has said over the years that he prefers simple businesses that he understands and that have good returns on equity with consistent earnings power.
Like Heinz, food companies such as Kellogg, Kraft Foods and General Mills check those boxes, Brian Yarbrough, an analyst covering consumer stocks for Edward Jones