Heinz, the Biggest Food Company acquisition ever. Well have more on american in a moment, but we begin tonight with buffett and that surprising megafood deal. The billionaire investor is teaming up with the billionaire owners of 3g capital to buy the ketchup maker for 28 billion. The private equity group and Buffetts Berkshire hathaway are paying 72. 50 a share in cash. Thats a 20 premium over heinzs Closing Price yesterday. Ruben ramirez reports. Reporter the oracle of omaha now has a new title ketchup king. For the first time, Warren Buffett, whos shied away from working with private equity partners, is teaming up with 3g capital in a 28 billion deal close to 24 billion of that in cash and the assumption of 4 billion in debt to take h. J. Heinz private. Warren buffett is starting to get older at this point, and, in this case, hes having 3g handle the operational side of this transaction. Reporter while buffetts age may be advancing, hes still very interested in doing deals in wellkno
Countdown to count down, a sweetheart of a dripping in ketchup red deal on this valentines day, the company known for red, scooped up by warren buffet, the billionaire investor and 3g capital dishing out green for heinz in a 28 billion surprise deal. Its the Largest Food Company acquisition ever. In just minutes, inside story from the oracle of omaha warren buffet himself here on fox business. Plus, Cisco Systems on tech spending. Government orders not what they used to be for routers and switches, and european buyers watching euros and cents. John chambers is live on how to fulfill the promise to energize earnings. Treasure in the trash. Making money on what others throw away, especially on valentines day. The dough in the hands of shareholder, company upping dividends again. Waste management ceo joins us live in a fox business exclusive. Countdown to the closing bell begins right now. Good afternoon, everybody, im liz claman, the last hour of trading, and with the largest food acquis
More abortion, the better. Abortion must be available for any reason at all, up until the moment of birth. An oped in the New York Times this morning put it pregnancy kills, abortions and save lives. In other words, its better to abort a pregnancy and to bring it to term. That is their view. How many voters agree with that . Almost none. Most people find it disgusting. Just as most people, according to polls, dont think taxpayers ought to be forced to pay for abortions. Democrats running for president dont care what the polls say, therefore it. Will you commit to abolishing the Hyde Amendment, which hurts for women and women of color . Yes. And by the way, aclu, i have a near perfect voting record my entire career appeared to im glad you did, but im glad you said you would commit to abolishing the Hyde Amendment. It cant stay. I will work to overturn the Hyde Amendment, which makes it impossible for low income women to get access to reproductive care, including abortion services. Until
Moment of birth. As an oped in the New York Times this morning put it, pregnancy kills, abortions save lives. In other words, its better to abort a pregnancy than to bring it to term. That is their view. How many voters agree with that . Almost none. Most people find it disgusting. Just as most people, according to polls, dont think taxpayers ought to be forced to pay for abortions. Democrats running for president dont care what the polls say, theyre for it. Will you commit to abolishing the Hyde Amendment, which hurtsi poor women and women of color . Yes. And by the way, aclu, i have a near perfect voting record my entire career. An i heard you did, but imhe glad you said you would commit to abolishing the Hyde Amendment. It cant stay. I will work to overturn the Hyde Amendment, which makes it impossible for low a income womn to get access to reproductive care, including abortion services. We have work to do until we get rid of the Hyde Amendment once and for all [cheers and applause]