Search results
Results from the WOW.Com Content Network
A subsidiary of Berkshire Hathaway Energy: Ben Bridge Jeweler: Luxury Items 100% July 18, 2000 [9] [10] Benjamin Moore & Co. Materials and Construction 100% 2001 [11] $1 Billion [12] [13] Berkadia Mortgage Financing 50% December 31, 2009 [14] Joint venture with Jefferies Financial Group, formerly known as Leucadia Berkshire Hathaway Assurance ...
Berkshire Hathaway Inc. (/ ˈbɜːrkʃər /) is an American multinational conglomerate holding company headquartered in Omaha, Nebraska. Founded in 1839 as a textile manufacturer, it transitioned into a major conglomerate starting in 1965 under the management of chairman and CEO Warren Buffett and vice chairman Charlie Munger.
Berkshire said it paid $2.4 billion cash, issued $600 million in debt and gave the Scott family Class B Berkshire shares worth a little over $1 billion. So the total compensation was about $4 billion.
Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool. 1. Apple. ... which gives it plenty of room to expand its business with fresh investments and acquisitions. It bought back 35% ...
What's interesting here is that Berkshire Hathaway is a monster of a company, with a market cap of nearly $1 trillion. It will take a monster of an acquisition to move the needle for the company.
Consummated February 12, 2010, it is the largest acquisition in Berkshire Hathaway's history. [44] The deal was structured so that the Burlington Northern Santa Fe Corporation would merge with and into R Acquisition Company, LLC, an indirect, wholly owned subsidiary of Berkshire Hathaway.
Warren Buffett’s Berkshire Hathaway dumped nearly half of its gigantic Apple stake last quarter in a surprising move for the famously long-term-focused investor.. The Omaha-based conglomerate ...
On August 10, 2015, the boards of directors of Berkshire Hathaway Inc. and Precision Castparts Corp. unanimously approved a definitive agreement for Berkshire Hathaway to acquire, for $235 per share in cash, all outstanding PCC shares, for a total sum of $37 billion including assumed debt. [15]