The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Monday:** Jefferies Group Inc is selling itself to Leucadia National Corp, its biggest shareholder, in a deal aimed at reassuring investors it has access to long-term funding.Leucadia, which models itself on Warren Buffett's Berkshire Hathaway BRKa.N and owns companies ranging from real estate to mining, is paying $2.76 billion in stock for the 71 percent stake of Jefferies it does not own.
Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-A traded higher by 0.45% or $575.0/share to $128160.00. In the past year, the shares have traded as low as $110092.00 and as high as $136345.00. On average, 48343 shares of BRK-A exchange hands on a given day and today's volume is recorded at 503.
Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-B traded higher by 0.11% or $0.09/share to $85.27. In the past year, the shares have traded as low as $72.60 and as high as $90.93. On average, 4006430 shares of BRK-B exchange hands on a given day and today's volume is recorded at 2590205.
Jefferies Group, Inc. is a United States-based firm that operates as a securities and investment banking firm. Shares of JEF traded higher by 14.02% or $2.0/share to $16.27. In the past year, the shares have traded as low as $9.50 and as high as $19.82. On average, 2213270 shares of JEF exchange hands on a given day and today's volume is recorded at 21511400.
Leucadia National Corporation (Leucadia) is a holding company. Shares of LUK fell by 3.03% or $-0.66/share to $21.14. In the past year, the shares have traded as low as $19.58 and as high as $29.79. On average, 739253 shares of LUK exchange hands on a given day and today's volume is recorded at 12180655.
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