Caldwell Trust Company – Building Wealth and Preserving Legacy Blog

Market Snapshot: Merger Mania Continues

Written by Caldwell Trust | Mar 25, 2015

In a deal that would create the world’s fifth largest food company, Kraft Foods and Heinz will merge with the backing from its owners 3G Capital  and Uncle Warren’s Berkshire Hathaway. The price represents a healthy 27% premium to Tuesday’s close.  This transaction is a positive sign.  We will be voting for it on behalf of clients.  To us at Caldwell Trust, this signifies that the animal spirts are alive and well in the global economy, with plenty of cash on company's balance sheets earning paltry returns, the hunt for value and returns above cash rates continues.

 

 

 

About Caldwell Trust Company

Caldwell Trust Company is an independent trust company with offices in Venice and Sarasota, Florida. Established in 1993, the firm currently manages over $800 million in assets for clients throughout the United States. The company offers a full range of fiduciary services to individuals, including services as trustee, custodian, investment adviser, financial manager and personal representative. Additionally, Caldwell manages 401(k) and 403(b) qualified retirement plans for employers.