Speaking to Bloomberg from Omaha, NB, Berkshire Hathaway's Warren Buffett says his successor has been chosen by the board and he designed the successor's new pay scheme.
Tags: Berkshire Hathaway
Berkshire Hathaway Increases Stake in DaVita Health Care
Berkshire Hathaway increases shareholdings in DaVita Health Care. Berkshire Hathaway, the largest investor in DaVita Health Care Partners Inc, has entered into an agreement to increase its shareholdings to 25% of the US operator of dialysis clinics.
Buffett's Firm Divests Moody's Shares
For the third straight time, Buffet's Berkshire Hathaway has sold off Moody's shares. In another surprising move, Warren Buffett's Berkshire Hathaway has sold another 1.
Buffett Rebuffs Suntech Rumor
Buffett denies speculation that Suntech is in the list of acquisitions of MidAmerican Energy. The chairman of Berkshire Hathaway, Warren Buffett has indicated that he has no plans to purchase Suntech Power Holdings Co.
Buffett Announces Berkshire Record Earnings
Berkshire Hathaway reports record earnings for its shareholders in meeting with Warren Buffett. In the announcement during its shareholders meeting held at Omaha, Nebraska last Friday, Warren Buffett said that quarterly profit rose nearly 51% on solid performance of its investments in insurance and other businesses, together with revenues from derivatives.
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Berkshire Hathaway sells off around 1.75 million Moody's shares. Berkshire Hathaway Inc announced that it had sold off 6. 1% of its stake in Moody's Corp.
Warren Buffett's Berkshire Hathaway would hold its shareholder meeting with a new twist on the festivities.
Heinz shareholders approve Berkshire Hathaway-3G Capital buyout bid. Heinz is nearing total privatization. In an announcement, Heinz shareholders approved the acquisition by Berkshire Hathaway and 3G Capital.
On paper, the loss of US$1.168 billion resulted from the share price decline of the blue chip stock IBM.
Heinz buyout is a deviation from Buffett's known acquisition formula. At the announcement of the deal to acquire Heinz, the venerable Warren Buffett had stamped his approval with then CEO Bill Johnson.
JP Morgan is the top M&A adviser for deals above US$10 billion for the first quarter of 2013. After having worked on all of the biggest transactions announced since the start of 2013, JP Morgan Chase & Co is the acclaimed top firm for the first quarter.
No one is safe without the numbers, message sent to industry by Heinz buyout. The buyout of H. J. Heinz by Warren Buffett's Berkshire Hathaway and others have placed many food executives of known brands properly warned that they either shape up or be shipped out.
In a letter to publishers and editors, Warren Buffett said Berkshire Hathaway will probably purchase more newspapers in a few years.
