(Yahoo Finance) – Warren Buffett — billionaire investor, philanthropist, Bill Ackman dream-crusher.
Last week The Wall Street Journal reported that Ackman’s hedge fund, Pershing Square, had taken a $5.5 billion stake in Mondelez, the snack company behind Oreos and Ritz crackers with a $74.8 billion market cap.
According to the report, Pershing would most likely try to sell Mondelez to an even bigger food company — such as the Buffett-owned Kraft Heinz — or slash costs in a big way.
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