Subject: Re: Brk, 3 g, khc if you missed it,
"WARREN BUFFETT WATCH

 
Board exit raises speculation Berkshire may sell Kraft Heinz stake

The departure of two Berkshire Hathaway executives from the Kraft Heinz board of directors is prompting speculation Buffett & Co. may be preparing to reduce or eliminate its $8.6 billion stake in the food giant.

It is Berkshire's eighth largest publicly disclosed equity position.

In a news release after Tuesday's trading that focused an "ongoing evaluation of strategic transactions to unlock shareholder value," Kraft Heinz also said Berkshire's representatives on its board, Timothy Kenesey and Alicia Knapp, are resigning as directors.

The release says it's Berkshire's decision, with the company telling Kraft that "consistent with its other non-controlled investments, it will no longer hold Board seats on Kraft Heinz."

Kraft says the departures "are not the result of any disagreement with management or the Board related to the Company’s operations, policies or practices."

https://link.cnbc.com/public/4...