According to the industry group Airlines for America, 14.2 million people are expected to travel during the 2015 Labor holiday weekend. With that number increasingly on the rise, air travel is booming and has just piqued business titan Warren Buffett’s interests.
Warren Buffett’s illustrious Berkshire Hathaway Inc. has recently acquired Precision Castparts in an estimated 32 billion dollar deal that can only be written in the stars. In what is said to be the company’s largest merger, Berkshire Hathaway Inc. paid $235 per share in cash for the company which makes metal equipment for the aerospace industry. The merger is reportedly expected to close in the first quarter of 2016.
Buffett told the New York Times “For good reasons, it is the
Warren Buffett’s illustrious Berkshire Hathaway Inc. has recently acquired Precision Castparts in an estimated 32 billion dollar deal that can only be written in the stars. In what is said to be the company’s largest merger, Berkshire Hathaway Inc. paid $235 per share in cash for the company which makes metal equipment for the aerospace industry. The merger is reportedly expected to close in the first quarter of 2016.
Buffett told the New York Times “For good reasons, it is the