Re: HuffPo Secretary of State John Kerry may have just scored a huge
windfall thanks to Warren Buffett.
Buffett’s Berkshire Hathaway and 3G Capital announced
Thursday that they are buying Heinz ketchup Co. for $23.3 billion. As part of
the deal, the firms agreed to pay a per-share price that’s 20 percent more than
the stock’s closing price on Wednesday.
That’s great news for Kerry, who at last check owned $3
million worth of shares in Heinz and could make hundreds of thousands of
dollars off of the sale, according to the New York Times. Kerry's connection to
Heinz comes through his wife, Teresa Heinz Kerry, who is an heir to the Heinz
fortune.
Kerry and his wife agreed to pull their money out of nearly
100 investments that could represent a conflict of interest in his job as
secretary of state, according to the Boston Globe. They kept their investments
in Heinz, though Kerry did agree to recuse himself from certain matters
involving the company….
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