Warren Buffett's Berkshire Hathaway Inc conglomerate has sold a marketing and direct mail unit to a Wisconsin businessman, according to a statement on Tuesday. Robert M. Kraft bought Omaha, Nebraska-based World Marketing Inc from Berkshire Hathaway and will move the company's corporate headquarters to Wisconsin, according to a statement from World Marketing.Terms of the purchase were not disclosed.Milwaukee-based Optimus Financial Services helped secure financing for the deal from Associated Bank, also in Milwaukee.Billionaire Warren Buffett, the world's third-richest person as ranked by Forbes, has built Berkshire Hathaway into a sprawling conglomerate comprising everything from ice cream to insurance. He rarely sells companies.
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 0.64% or $1348.0/share to $210570.00. In the past year, the shares have traded as low as $163038.00 and as high as $213612.00. On average, 375 shares of BRK-A exchange hands on a given day and today's volume is recorded at 466.
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 0.67% or $0.93/share to $140.46. In the past year, the shares have traded as low as $108.12 and as high as $142.45. On average, 3506570 shares of BRK-B exchange hands on a given day and today's volume is recorded at 3885968.
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