General Mills Buying a Natural Pet Food Company for $8 Billion Makes Sense

General Mills may have hit a home-run with its purchase of natural pet food company Blue Buffalo. Here comes Warren Buffett's annual letter Saturday.
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General Mills (GIS) - Get Report will spend $8 billion to buy natural pet food company Blue Buffalo (BUFF) . The deal makes a ton a sense given the humanization of pets. Meanwhile, Warren Buffett's annual letter to Berkshire Hathaway (BRK.A) - Get Report shareholders is due out Saturday morning. Cheers to the billionaire hyping his Apple (AAPL) - Get Report position. Apple is a holding in Jim Cramer's Action Alerts Plus

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