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Billionaire Mario Gabelli Says He’s Thinking About Buying More Kraft Heinz (KHC) Shares

Mario Gabelli, GAMCO Investors chairman and CEO, said in a recent program on CNBC that he’d be a “buyer” of Kraft Heinz Co (NASDAQ:KHC) in pieces and he’s thinking of buying the stock. He was commenting on Kraft Heinz Co (NASDAQ:KHC)’s plan to split into two companies. “Basically the split up pieces can be worth as high as in the mid30s. So you like the financial engineering? It’s not we don’t like or dislike. We’re just observing it. We own it. We didn’t buy any recently. We’re thinking about doing that. ...