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BRK.B Market Currents
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Friday 3:01 AM Warren Buffett tried to buy ResCap from Ally Financial before the home-lending unit was put into bankruptcy, sources say, as Berkshire (BRK.A) had unsecured debt in the unit. Under the deal, Berkshire would have taken on potential liabilities such as increasing litigation costs, while paying almost nothing upfront for ResCap's assets.
Comment![M&A]
- Thursday 8:21 AM Berkshire Hathaway (BRK.A) agrees to pay $142M to acquire most of Media General's (MEG) newspapers, including 63 daily and weekly titles in Virginia, North Carolina, South Carolina and Alabama. Berkshire also takes a 19.9% stake in Media General as part of a deal to provide the firm with a $400M term loan and a $45M revolving credit line. (PR) [M&A, Consumer]
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at MarketWatch.com (Mon, 5:25PM)
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at CNBC.com (Thu, 2:29PM)
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at MarketWatch.com (Thu, 1:44PM)
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at MarketWatch.com (Tue, 8:20PM)
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at MarketWatch.com (Tue, 7:28PM)
BRK.B Press Releases and Filings
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Company Description
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