Warren Buffett on Saturday said Berkshire Hathaway Inc would team up again with 3G Capital on more transactions, perhaps very large ones, despite criticism of the Brazilian investment firm's decision to cut thousands of jobs at HJ Heinz & Co."I think 3G does a magnificent job of running businesses," Buffett said at Berkshire's annual meeting. "We're very likely to partner with them, perhaps on some things that are very large."Berkshire had nearly $49 billion of cash as of March 31 and doesn't pay a dividend, leaving Buffett and his deputies to look for capital-spending opportunities and takeovers.Smead Capital CEO Bill Smead told Reuters Insider that Berkshire may be eyeing "a huge acquisition" potentially worth around $58 billion, after Buffett's comments regarding 3G Capital.
Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-A fell by 0.63% or $-1228.0/share to $192255.00. In the past year, the shares have traded as low as $162345.00 and as high as $194530.00. On average, 383 shares of BRK-A exchange hands on a given day and today's volume is recorded at 205.
Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-B fell by 0.75% or $-0.97/share to $128.09. In the past year, the shares have traded as low as $108.12 and as high as $129.73. On average, 3905770 shares of BRK-B exchange hands on a given day and today's volume is recorded at 4278342.
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