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1. Heinz And Kraft Merge To Corner The Cook-Out Food Market

It was announced today that Kraft Foods Group Inc. will be merging with H.J. Heinz to become the third largest food and beverage company in the world. “This is my kind of transaction, uniting two world-class organizations and delivering shareholder value,” said Warren Buffett, whose Berkshire Hathaway Inc. brokered the deal. “I'm excited by the opportunities for what this new combined organization will achieve.” Hopefully, these "opportunities" will be more palatable than the concoctions my nine-year-old niece creates with their products at family reunions.