During December 2012, Jorge Paulo Lemann, a co-founder and lover at 3G, proposed to Warren Buffett that 3G and Berkshire Hathaway purchase H. J. Heinz Business. Lemann and Buffett, who experienced known each other For some time, jointly resolved which the Heinz turnaround were thriving and that there was sizeable probable for continued world wide progress. 3G educated Heinz CEO William Johnson that it and Berkshire Hathaway had been considering jointly getting his organization. Johnson then introduced the investors' present of $70 per share of remarkable widespread stock to your Heinz board. Soon after much discussion, the Heinz board and its advisors knowledgeable 3G that with no improved fiscal terms they would not continue to debate the potential for an acquisition.
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