Early Wednesday, Kraft Foods Group Inc. and ketchup giant H.J. Heinz agreed to merge, in a deal backed by Brazilian private-equity firm 3G Capital, which owns Heinz, and Warren Buffett's Berkshire Hathaway. The new company will be called Kraft Heinz Co., and Heinz stakeholders will own 51 percent of the company. Kraft shareholders will get a cash dividend of $16.50 per share, plus stock in the new company. Kraft Heinz will be the No. 3 food and beverage company in North America, and the fifth-largest in the world, with revenue of $28 billion a year.
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