Berkshire Hathaway to Acquire Lubrizol for $135 Per Share
By Steven Fromm -
2011-03-14T10:01:30Z
Berkshire Hathaway Inc. (BRK/A) and Lubrizol Corp. (LZ) announced a definitive agreement for Berkshire Hathaway to acquire 100 percent of outstanding Lubrizol shares for $135 per share in an all-cash transaction. The transaction, which was unanimously approved by the board of directors of each company, is valued at approximately $9.7 billion.
To contact the editor responsible for this story: Steven Fromm at sfromm@bloomberg.net
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