Kraft, Heinz to Form N. America's No. 3 Food Company
March 25, 2015 at 08:13 AM EDT
The maker of Velveeta cheese will merge with ketchup maker H.J. Heinz, owned by 3G Capital and Warren Buffett's Berkshire Hathaway, to form America's third-largest food and beverage company. Kraft shares surged in pre-market trading.
