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(TOBY TALBOT/AP)

SCOTT BARLOW

Heinz acquisition is straight from the Buffett textbook

ROB Insight is a premium commentary product offering rapid analysis of business and economic news, corporate strategy and policy, published throughout the business day.

Teaming up with a partner to purchase H.J. Heinz Co. is a new wrinkle for Berkshire Hathaway but the stock selection is pure Warren Buffett – highlighting his consistent emphasis on steady cash flow, profitability and strong brands.