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S.E.C. Looks at Trades a Day Before Heinz Deal

Via finance.yahoo.com » Submitted On Fri, 02/15/2013 - 10:54am by Dakota

Regulators are scrutinizing unusual trading surrounding the planned $23 billion takeover of the food company H. J. Heinz, raising questions about potential illegal activity in one of the biggest deals in recent memory. The Securities and Exchange Commission opened an insider trading inquiry on Thursday as Berkshire Hathaway and the investment firm 3G Capital agreed to pay $72.50 a share for Heinz, this person said.

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something stinks in Denmarck on this one

1 year 2 months ago
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