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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Buffett Warns Kraft Heinz Split Won't Fix Struggles, Despite Management's Push

Warren Buffett ai5

Warren Buffett criticized the planned break-up of The Kraft Heinz Company (NASDAQ:KHC) on Tuesday, saying he is "disappointed" with a move that effectively unravels the 2015 merger he helped engineer.

Shares of the packaged-food giant slipped following his remarks.

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