NYSE:BRK.A - Post by User
Post by
stock_for_goldon Apr 12, 2022 11:22am
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Post# 34597004
Didn’t take Warren long to do acquisition
Didn’t take Warren long to do acquisition Warren Buffett needed just two weeks to put together Berkshire Hathaway Inc's $11.6 billion takeover of Alleghany Corp, its largest acquisition in six years, even as he balked at paying the insurer's banking fee, a regulatory filing on Monday shows.
Alleghany said its Chief Executive Officer Joseph Brandon met with Buffett for dinner in New York City on March 7, where after some "casual conversation" Buffett offered $850 per share in cash for the company, less the fee for bankers at Goldman Sachs.