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Deal involving Heinz watched in SW Michigan
HOLLAND, Mich. (AP) - A deal involving H.J. Heinz Co. is being watched in southwestern Michigan, where the ketchup company has a plant.
Heinz has agreed to be acquired by an investment group including billionaire investor Warren Buffett in a deal valued at $23.3 billion.
The ketchup company says it's the largest deal ever in the food industry.
The Holland Sentinel reports that Pittsburgh-based Heinz has a plant in Holland, Mich., that makes pickles, vinegar and a variety of sauces.