How the Heinz-Kraft merger is part of a consumer staples feeding frenzy. Greater spinoff M&A to come says The Edge

How the Heinz-Kraft merger is part of a consumer staples feeding frenzy. Greater spinoff M&A to come says The Edge By Jonathan Ratner, Senior Staff Writer, Financial Post: If Warren Buffett likes ketchup with his mac ‘n’ cheese, it’s probably less about the taste and more because he thinks there is no end in sight for the market’s appreciation of the consumer food sector. The Oracle of Omaha’s Berkshire Hathaway Inc. on Wednesday teamed up with Brazilian private equity firm 3G Capital Partners LP to buy Kraft Foods Group Inc. and merge it with H.J. Heinz Co. The companies did not disclose the value of the cash-and-stock deal, but investors on Wednesday pushed Kraft shares up...