Buffett Breaks Out Elephant Gun For $9B Lubrizol Buy
- Monday, March 14, 2011, 8:24
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In his annual shareholder letter a few weeks ago, Berkshire Hathaway boss and the world’s third-richest man Warren Buffett said his appetite for acquisition was primed once again, setting off widespread speculation of what the legendary investor would set his sights on. Wall Street got the answer Monday, when Berkshire announced a $9 billion takeover of specialty chemicals company Lubrizol.
http://blogs.forbes.com/steveschaefer/?p=2035