Berkshire Hathaway Inc Set To Get Nearly $2.15 Billion Of Goldman Sachs Group Inc-Reuters


Tuesday, 1 Oct 2013 12:40am EDT 

Reuters reported that Berkshire Hathaway Inc will receive Goldman Sachs Inc stock worth nearly $2.15 billion on October 1, 2013 through warrants acquired as part of a deal originally signed during the depths of the 2008 financial crisis. Under that deal, Berkshire had the right to buy about 43.5 million Goldman shares, or a roughly 9% stake then - at an exercise price of $115 per share, for $5 billion in total. 

Company Quote

205880.0
1840.0 +0.90%
4:03pm EDT