Warren Buffett’s Berkshire Hathaway Inc. has become the single largest shareholder in Kraft Foods Inc., the world’s second-biggest foodmaker. According to regulatory filings, Berkshire owned 132.4 million shares (around 8.6%) of Kraft, worth approximately $3.9 billion.

A spokeswoman for Kraft, Perry Yeatman, said’

Kraft is pleased by Mr. Buffett’s vote of confidence…

Well, I guess they should be !! :)

 



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