Kraft to Merge With Heinz in Deal Backed by 3G, Buffett

Kraft Foods Group reportedly will merge with H.J. Heinz in a deal orchestrated by 3G Capital and Warren Buffett’s Berkshire Hathaway, creating the third-largest food and beverage company in North America.

Bloomberg: Heinz Deal Trading Triggers FBI Investigation

Bloomberg reported that the FBI is working with the SEC in a criminal probe of trading “anomalies” prior to the announcement of a deal to buy H.J. Heinz.

Berkshire, 3G Capital to Acquire H.J. Heinz for $28 Billion

H.J. Heinz announced it has entered into a merger agreement to be acquired by an investment consortium comprised of Berkshire Hathaway and 3G Capital in deal valued at $28 billion, including outstanding debt.