Haven't found the Essay You Want?
For Only $12.90/page

Berkshire Essay Topics & Paper Examples

Warren E,buffett,2005

Berkshire Hathaway Inc. is a famous company which also involves in many different business segments. It was originally operated as a cotton manufacturing company. In 1965, Warren Buffet declared to take over it and he became the chairman and CEO of Berkshire Hathaway. Since then, this company started to be well known by the world. Market value implication On May 24, 2005, Buffet announced that MidAmerican Energy Holding Company, a subsidiary of Berkshire Hathaway would acquire PacifiCorp which is an electric utility company. He decided to use $5.1 billion in cash and $4.3 billion in liabilities and preferred stock to acquire it. According to the data, on the day of announcement, Berkshire Hathaway’s Class A shares closed up 2.4% for…