No. of Recommendations: 7
Sorry, I should've said "intention to exit KHC", it was announced back in January.
One thought: we shouldn't read more into it than is known. Yes, that might be the case--it's a reasonable guess. But it may also just be the case that he wants that as an available alternative, so getting the status of the shares changed is just prudent bookkeeping.
Oddly enough I think KHC shares might be a reasonable buy at these levels. There's a price for everything, especially things that make money pretty steadily and aren't going to go bust, even if earnings per share aren't expected to outpace inflation.
Jim
