Warren Buffett's Berkshire Hathaway Inc said it would purchase Van Tuyl Group, the largest privately owned auto dealership group in the United States, marking the conglomerate's entry into the U.S. auto market.Berkshire did not disclose the value of the deal, but said it was expected to be completed in the first quarter of 2015.Buffett already owns freight railroad network BNSF Railways and private plane rental company NetJets.Van Tuyl will be known as Berkshire Hathaway Automotive after the acquisition and will be headquartered in Dallas, Texas, Berkshire said.
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 0.13% or $265.0/share to $205120.00. In the past year, the shares have traded as low as $163038.00 and as high as $213612.00. On average, 288 shares of BRK-A exchange hands on a given day and today's volume is recorded at 27.
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 0.17% or $0.2262/share to $136.85. In the past year, the shares have traded as low as $108.12 and as high as $142.45. On average, 2920480 shares of BRK-B exchange hands on a given day and today's volume is recorded at 89329.
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