Press Esc to close

Welcome to Money Morning - Only the News You Can Profit From.

Close

This Patent Portfolio "Dream Team" Just Got Even Better

When we recommended micro-cap tech play eOn Communications Corp. (NasdaqCM: EONC) last month, we told you to expect a pretty wild ride.

And that’s just what we’ve seen…

  • Featured Story

    Let's Make a Deal: Buffett Teams Up to Buy Heinz for $28 Billion

    Food ketchup

    Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) and private equity firm 3G Capital will buy iconic ketchup maker H.J Heinz Co. (NYSE: HNZ) for $28 billion, the largest deal ever in the food industry.

    This transaction follows a string of deals including Comcast Corp. (Nasdaq: CMCSA) taking full control of NBC

    Universal from General Electric Co. (NYSE: GE), Dell Inc. (Nasdaq: DELL) going private, and American Airlines and U.S. Airways Group Inc. (NYSE: LCC) merging to form the world's largest airline.

    The Heinz deal values the Pittsburgh, PA-based company at $72.50 a share, a 20% premium to its all-time price. Berkshire will spend about $12 to $13 billion on the deal, according to Buffett.

    To continue reading, please click here...

    Read More...
  • Buffett