Sunday, May 6, 2007

Buffett wants to buy huge business

(Reuters) - Charlie Munger, Buffett's second-in-command, added: "If it happens, I think we'll recognize it."

Omaha, Nebraska-based Berkshire has long said it would like to make a $5 billion to $20 billion acquisition. The company ended March with $46.03 billion of cash, and nearly $90 billion of cash and fixed-income securities on its balance sheet.


Read more at Reuters.com Mergers News

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