Warren Buffett's Berkshire Hathaway Inc on Friday said it was buying oil industry logistics provider Charter Brokerage from private equity firm Arsenal Capital Partners. "Charter Brokerage is a high quality business with consistently strong financial performance that fits well within Berkshire Hathaway," Buffett, the chairman and chief executive officer of Berkshire, said in a statement.The statement did not disclose the value of the acquisition.Requests for comment to Berkshire Hathaway, Arsenal and Charter were not immediately returned.
Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-A fell by 2.58% or $-5800.0/share to $219000.00. In the past year, the shares have traded as low as $163038.00 and as high as $229374.00. On average, 380 shares of BRK-A exchange hands on a given day and today's volume is recorded at 430.
Berkshire Hathaway Inc. (Berkshire) is a holding company owning subsidiaries engaged in a number of diverse business activities. Shares of BRK-B fell by 2.44% or $-3.67/share to $146.46. In the past year, the shares have traded as low as $108.12 and as high as $152.94. On average, 3741120 shares of BRK-B exchange hands on a given day and today's volume is recorded at 5204520.
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