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Issue:

Business

 

Written by:

Hosea F

 

Date added:

February 18, 2017

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 767

 

Was viewed:

5239 times

 

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(The deal gives Buffett a one-day profit, on paper, of roughly $645 million and a whopping $4.4 billion profit overall. For more, click here). The deal would give the company even more control over shelf space at the nation's retailers and grocers, real estate that is at a premium. "Shelf space is diamond-encrusted gold...
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It's exposure to the consumer and everyone wants exposure to the consumer," said retail analyst Kurt Barnard. "They each had a lot of economic power before, but with the marriage they'll have a lot more power, power to get shelf space, preferred positions, all of that." That increased power for the largest player in the U...
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