The Traderszone Network

Published in TZ Latest News 3 May, 2014 by The TZ Newswire Staff

Buffett: willing to partner with 3G again on ‘very large’ deals

“I think 3G does a magnificent job of running businesses,” Buffett said at Berkshire’s annual meeting. Berkshire contributed $12 billion toward the more than $23 billion purchase of Heinz, but gave 3G day-to-day control of operations. Some critics have said 3G’s cuts do not reflect Berkshire’s typical values toward people who work at companies it acquires.