UPDATE: Stifel Nicolaus Terminates Coverage on H.J. Heinz Company Following Acquisition

In a report published Tuesday, Stifel Nicolaus analyst Christopher Growe terminated coverage on H.J. Heinz HNZ.

In the report, Stifel Nicolaus noted, “We are discontinuing coverage of H.J. Heinz Company (HNZ) due to the company's acquisition by 3G and Berkshire Hathaway for $75.00 per share in cash. Our last rating on the stock was Hold. Our last FY2013 estimates for HNZ were EPS of $3.53 and $11.6 billion of sales.”

H.J. Heinz closed on Monday at $72.49.