Berkshire Hathaway to Buy Lubrizol for About $9 Billion

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March 14 (Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. agreed to buy Lubrizol Corp., the world’s largest producer of lubricant additives, for about $9 billion in the cash-flush investor’s second-biggest acquisition in the past five years. Berkshire will pay $135 a share in cash, 28 percent more than Lubrizol’s closing share price on March 11, the Omaha, Nebraska-based company said in a statement today. Bloomberg's Sheila Dharmarajan reports. (Source: Bloomberg)

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