Earlier this week, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), a nearly $800 billion holding company that owns a diversified portfolio of businesses and stocks, announced the acquisition of Alleghany, also a holding company, for $11.6 billion. After the acquisition, Berkshire will still have a remaining cash and cash equivalents position north of $130 billion. While Berkshire is unlikely to acquire another company any time soon, here's why it could very well add to an existing position in its portfolio. Read More...
Earlier this week, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), a nearly $800 billion holding company that owns a diversified portfolio of businesses and stocks, announced the acquisition of Alleghany, also a holding company, for $11.6 billion. After the acquisition, Berkshire will still have a remaining cash and cash equivalents position north of $130 billion. While Berkshire is unlikely to acquire another company any time soon, here’s why it could very well add to an existing position in its portfolio.
Add Comment