Warren Buffett spent $6.5 billion to help Mars acquire Wrigley during the financial crisis. Here's the story of how he made the candy deal happen.

• Warren Buffett spent $6.5 billion to help Mars acquire Wrigley during the financial crisis.
• The famed investor and Berkshire Hathaway CEO bought $2.1 billion of Wrigley preferred stock paying a 5% annual dividend, and $4.4 billion in bonds boasting an 11.45% interest rate.
• The merger was "completed without pause while, elsewhere, panic reigned," Buffett said.
• Buffett made about $6.5 billion on the deal, doubling his investment.
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Warren Buffett shelled out $6.5 billion to help Mars acquire Wrigley in October 2008, cementing one of the few mega-mergers during the financial crisis and creating a global confectionery giant.

'They met the 70-year taste test'

Buffett famously guzzles Coke, munches See's Candies, and slurps down Blizzards at Dairy Queen.

See the rest of the story at Business Insider

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