AOL.com Video - Buffett, 3G Gobble Up Heinz

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Buffett, 3G Gobble Up Heinz

Description:Warren Buffett is pouring it on thick. His Berkshire Hathaway - teaming up with private equity firm 3G Capital - buying leading ketchup maker Heinz. The $28 billion price tag includes more than $23 billion in cash. Heinz CEO William Johnson: "The board finally concluded that the value opportunity for the shareholders was just too great to pass up. I mean, this is the largest transaction in the history of food business." (2:07)

Source: Reuters

Tags: reuters , Alex Behring , berkshire hathaway , heinz