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