Deals
Buffett Says Berkshire Can Resist Breakup Activists Even After He Leaves
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Warren Buffett, the billionaire chairman and chief executive officer of Berkshire Hathaway Inc., said his life’s work won’t be broken apart by activist investors once he’s no longer at the helm.
“The market value of Berkshire is going to be so great that, even if all the activists got together, they couldn’t do much about it,” Buffett said Saturday at his annual shareholders meeting in Omaha, Nebraska. He was responding to an investor’s question about how the company’s future leaders would prevent a breakup.