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Aiken Standard in Aiken, South Carolina

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Newspaper

Aiken Standard

Location

Aiken, South Carolina, United States of America

Date

Feb 15, 2013

Page

9

American and US Airways announce landmark merger

US Airways CEO Doug Parker leads a plan to merge with American Airlines in an $11 billion deal creating the world's largest carrier with roughly $40 billion in annual revenue. The merger aims to unify systems and pilots contracts, though experts warn integration will face challenges across routes, fleets, and Asia operations.

Dallas US Airways Doug Parker American Airlne Asia Airmnes Parker Aimines America Thse JP Morgan Jagpie Baker Fort Worth

Buffett to Buy Heinz for 23.3 Billion in Major Food Deal

Berkshire Hathaway and 3G Capital announce the $23.3 billion acquisition of Heinz, taking the Pittsburgh based company private. Buffett’s group provides $12.12 billion for half equity and $8 billion in 9 percent preferred shares while 3G will run Heinz. The deal, expected to close in Q3, boosts Heinz to a global brand with Classico pasta sauce and regional sauces. Shares rose as Buffett’s investment signals a landmark move in the food industry.

New York Warren Buffett America HJ. Heinz Co Oracle Cof Omaha Heinz Buffett Berkshire Hathaway, S 3G Capital Burger King Anheuser-Busch InBev New York Stock Exchange Berkshire CNBC Jorge Lemann Pittsburgh William Johnson Johnson Securities and Exchange Commission

Also Mentioned on This Page

Uipment & Supplies ADHC University Pkwy Aiken Fox Care Directory Richland Ave Centre South Barber & Salon Rete Experi Olors Norris Moseley Barber Tonia Ready Christina Cuteri Liver Bluff Road Centre South Plaza Anache Hair Studio Fang Rave Omer Connie Guthrie Greenville ST Avanane Yearhead South Bobby Page Carl Zotter Xell Shopping Candice Choi Josh Funk Associated Press Anwar Aus
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