Heinz Said to Rebuff Buffett’s First Bid in Speedy Deal Talks

Heinz Said to Rebuff Buffett’s First Bid in Speedy Deal Talks

Keith Srakocic/AP Photo

H.J. Heinz Co. CEO William Johnson, left, and 3G Capital Managing Partner Alex Behring speak at a news conference at the world headquarters of the H.J. Heinz Co. on Feb. 14, 2013, in Pittsburgh. Billionaire investor Warren Buffett’s Berkshire Hathaway and its partner on the deal. 3G Capital, are dipping into the ketchup business as part of a $23.3 billion deal to buy the Heinz ketchup company.