Buffett Acquires Precision Castparts (PCP) in $37.2B Deal

Warren Buffett’s Berkshire Hathaway Inc (BRK.A) this morning announced that it has agreed to buy the maker of equipment for the aerospace and energy industries Precision Castparts Corp (PCP) in a deal valued at $37.2 billion, including debt. Buffett will pay $235 a share in cash, the companies said Monday in a press release. That’s […] View the full post at: Buffett Acquires Precision Castparts (PCP) in $37.2B Deal Related posts: Buffett’s age remains on Berkshire investor minds Warren Buffett Investing Billions in Goldman Sachs Will ‘Buffett Premium’ Erode After Berkshire Chief Retires?