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Kraft Heinz stays hungry for big deal meal

Kraft Heinz stays hungry for big deal meal

It's the epitome of a rich person's problem: You make a $143 billion offer to buy something, only to have the bid summarily rejected and then, adding insult to injury, you're told to shove off.

Essentially, that's what happened recently when Europe's Unilever, a giant maker of food, personal care and household products, unceremoniously rejected Chicago- and Pittsburgh-based Kraft Heinz's buyout bid.

The financial powerhouses behind Kraft Heinz, which include the formidable Brazilian-based 3G Capital private equity firm and investor extraordinaire Warren Buffett's Berkshire Hathaway, are standing down, but don't expect their recess to last very long. In the wake of the Kraft...

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