Deals
Buffett's $1 Billion Purchase That Got Buried in Record Quarter
- Price tag for GE's tank cars highlights Berkshire's size
- Analysts say scale makes it harder to evaluate company
Berkshire Profit Surges to Record $9.43 Billion
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Here’s how big Berkshire Hathaway Inc. has gotten: At the end of the third quarter, a subsidiary of one of its subsidiaries bought some 25,000 tank cars from General Electric Co. and didn’t bother disclosing the purchase price.
Turns out it paid about $1 billion.