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The resulting Kraft Heinz Company is the fifth largest food company in the world. Berkshire Hathaway became a majority owner of Heinz on June 18, 2015. After exercising a warrant to acquire 46 million shares of common stock for a total price of over $461 million, Berkshire increased its stake to 52.5%.
Kraft Heinz (KHC) closed at $32.13 in the latest trading session, marking a -0.83% move from the prior day.