Does Warren Buffett’s takeover deal for Heinz do exactly what it says on the tin – mark the reopening of the jumbo leveraged buyout market?
Or is the Heinz deal, as well as recent M&A activity involving such companies as Dell, Virgin Media, AMR Corp, Anheuser-Busch InBev and NBC Universal, simply the flavour of the month – long-awaited strategic plays from CEOs that happen to have come out at the same time.
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