February 14, 2013 9:13 AM | 1 min read |
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
During an interview with CNBC this morning, Trian Fund Management CEO Nelson Peltz said that as far as the board is concerned, "There have been no discussion of compensation" changes to H. J. Heinz Company (NYSE: HNZ) chief executive William Johnson.Heinz announced this morning that it
will be acquired by Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) and 3G Capital for $72.50 per share. The deal is valued at $28 billion, making it the world's largest acquisition within the food industry."I'm very proud to have played a very small part in the success of Heinz," Peltz, who invested in Heinz in 2005, told CNBC. He famously got into a
heated proxy fight as he attempted to bring change to the company. He also took Johnson to dinner just to reveal that he was
joining Heinz's Board of Directors.With regard to some of his other investments, Peltz told CNBC that Trian is not a stock market buyer, "We're buyers of the few companies we like."He said that Family Dollar Stores (NYSE: FDO), which has enjoyed same-store increases for more than 20 years, has been a "great investment for us."Finally, Peltz commented on the challenges ahead."We could do better if Washington would get out of the way," said Peltz. He is taking it in stride though -- he said that he and most other CEOs in America understand that this is the situation they have for the next four years and they are going to push forward.
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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