Faruqi & Faruqi, LLP is Seeking More Cash for the Shareholders of H.J. Heinz Company (HNZ)

NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of H.J. Heinz Company (“Heinz” or the “Company”) (NYSE: HNZ) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Berkshire Hathaway (NYSE: BRK.A, BRK.B) and 3G Capital in a deal valued at $28 billion. Under the terms of the proposed transaction, Heinz’s stockholders will receive $72.50 in cash for each share of Heinz common stock they own.