Warren Buffett Makes $37 Billion Berkshire Hathaway Purchase
Buffett has acquired Precision Castparts Corp., a company that makes metal equipment, in one of Berkshire Hathaway's priciest acquisitions ever.By Ryan Biek | August 10, 2015
Warren Buffett has agreed to another giant acquisition for Berkshire Hathaway –– Precision Castparts Corp. for roughly $37 billion.
Precision Castparts makes metal equipment for the aerospace and energy industries.
According to the deal, Buffett's firm will purchase Precision Castparts' shares in cash at a price 21 percent more than its Friday closing value.