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Berkshire Hathaway to Acquire Lubrizol for $135 Per Share

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

Enlarge image Berkshire Hathaway Inc. CEO Warren Buffett

Berkshire Hathaway Inc. CEO Warren Buffett

Berkshire Hathaway Inc. CEO Warren Buffett

Andrew Harrer/Bloomberg

Berkshire Hathaway Inc. Chief Executive Officer Warren Buffett.

Berkshire Hathaway Inc. Chief Executive Officer Warren Buffett. Photographer: Andrew Harrer/Bloomberg

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