Lets get this out of the way to start the story
From the AP: "Berkshire Hathaway and 3G Capital say Heinz will remain headquartered in Pittsburgh."
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Berkshire Hathaway and 3G Capital has agreed to to buy the H.J. Heinz Co. in a deal valued around $28 billion.
There are some people making some cash in Pittsburgh today. Heinz shareholders will receive $72.50 in cash for each share of common stock they own. Heinz's closing price was $60.48 on Wednesday.
Warren Buffett told CNBC - "It's our kind of company, Its signature ketchup has been around for more than a century. I've sampled it many times."