#corporate-breakup

#corporate-breakup

The breakup comes a decade after its messy mega-merger, orchestrated by billionaire investor Warren Buffett and considered one of his notable missteps. In recent weeks, both Kraft Heinz and Buffett's Berkshire Hathaway took multibillion-dollar impairment charges reflecting the declining value of the food giant. Kraft Heinz spent years slicing its costs while rivals invested in new ideas to keep up with changing consumer tastes.

Alphabet has underperformed compared to other major tech companies this year, yet a DOJ-driven breakup could significantly enhance shareholder value by spinning off its high-performing segments.