The following video is from Thursday's Investor Beat, in which host Chris Hill, and analysts Andy Cross and Jason Moser, dissect the hardest-hitting investing stories of the day.
Berkshire Hathaway (NYSE: BRK-B) and 3G Capital are teaming up to buy the H.J. Heinz Company (HNZ +0.00%) for $23.2 B in cash. The buyout is 19% more than Heinz's all-time high share price. Is Warren Buffett paying too much for the iconic brand? What does the deal mean for investors?
The relevant video segment can be found between 0:34 and 2:24.
