Reference no: EM133123072

H.J. Heinz M&A

1. Describe the activities of Nelson Peltz and the role he played in laying the groundwork for the acquisition by Berkshire Hathaway and 3G.

2. Discuss the positions of various stakeholders, including Heinz shareholders, management, employees, and citizens of Pittsburgh.

3. Discuss the go-shop process, explaining why it may be necessary or advisable in many M&A transactions, and listing any risks associated with it.

4. Why were so many investment banks involved in this transaction, and what were their respective roles?

5. Why did this transaction propose zero synergies?

6. What was the market reaction to the acquisition announcement, including share price and equity analyst commentary?

7. Berkshire Hathaway has publicly traded stock; why do you think it stuck to an all-cash transaction for its portion of the consideration instead of proposing to deliver newly issued Berkshire stock to pay Heinz shareholders?