date:Apr 16, 2013
next? Heinz represents a wonderful deal for Berkshire Hathaway, but I dont necessarily believe it triggers a wave in consumer mergers and acquisitions. It is just as likely the next large one will be in transportation or manufacturing.
While some companies are padding their portfolios with diversified products, others seek to shed businesses. Using Heinz as an example, Mr. Neely noted that strategic divestures may be just as critical as acquisitions.
Heinz itself is a great story, he said. The