Warren Buffett says he will not pay a penny more than the $72.50 a share he is already offering for ketchup maker H.J. Heinz Co, and after an initial hesitation, most investors seem to be taking him at his word.Buffett's Berkshire Hathaway Inc and the Brazilian private equity firm 3G Capital struck a deal Thursday to purchase Heinz for $23.2 billion in cash. The legendary investor made clear in a CNBC interview on Thursday that the bid was his final offer.The deal, which came together in less than two months, offers shareholders a 19 percent premium to what had been the stock's all-time high and a 20 percent premium to the shares' last pre-deal close. But for much of the day on Thursday, shares traded above the offer price, suggesting that some people were holding out hope for a better figure.That hoped-for figure does not appear to be coming anytime soon, though.
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 $671.0/share to $149911.00. In the past year, the shares have traded as low as $117301.00 and as high as $149804.00. On average, 73114 shares of BRK-A exchange hands on a given day and today's volume is recorded at 387.
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 0.31% or $0.3048/share to $99.51. In the past year, the shares have traded as low as $78.18 and as high as $99.31. On average, 4470920 shares of BRK-B exchange hands on a given day and today's volume is recorded at 2990049.
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