Lubrizol (LZ) volatility flat into Berkshire Hathaway (BRK.B) acquisition for $9.7B
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Berkshire Hathaway (NYSE: BRK.B) and Lubrizol (NYSE: LZ) announced a definitive agreement for Berkshire Hathaway to acquire 100% of outstanding Lubrizol shares for $135 per share in an all-cash transaction. Lubrizol overall option implied volatility of 31 is near its six-month average according to Track Data.
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