Buffett's Berkshire (BRK-A) May Have Been Eying NYSE BId
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Warren Buffett recently acquired a railroad, a lube company, and large stakes in U.S. banks. But, Buffett might have had his sights a little higher.
According to data out Monday, Buffett's Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) had been mulling a potential bid for NYSE Euronext (NYSE: NYX). One condition under a possible bid was NYSE selling its European derivatives business, Bloomberg notes.
Berkshire was said to be "Company A" in a regulatory filing, making a bid less than $8.2 billion for the venerable exchange.
NYSE agreed to a $33.12 per share cash and stock bid from IntercontinenalExchange (NYSE: ICE) on December 20th.
In the filing, Berkshire was referred to as a "large industrial and financial holding company." Shares are down modestly today.
According to data out Monday, Buffett's Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) had been mulling a potential bid for NYSE Euronext (NYSE: NYX). One condition under a possible bid was NYSE selling its European derivatives business, Bloomberg notes.
Berkshire was said to be "Company A" in a regulatory filing, making a bid less than $8.2 billion for the venerable exchange.
NYSE agreed to a $33.12 per share cash and stock bid from IntercontinenalExchange (NYSE: ICE) on December 20th.
In the filing, Berkshire was referred to as a "large industrial and financial holding company." Shares are down modestly today.
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