Another round of big deal speculation is underway on Wall Street and locally based Kraft Heinz is, once again, in the thick of such megamerger talk.
This time around, the stock market is chewing over the possibility that packaged food giant Kraft Heinz will acquire toothpaste manufacturer Colgate-Palmolive in a friendly transaction that could hover around $85 billion.
Neither company is commenting. While that's the expected response, staying mum is feeding market conjecture this week that something is in the works.
Yet as investors ponder a potential acquisition, there's a more pertinent question that's worth asking: Why would Kraft Heinz, the renowned maker of ketchup...