Buffett’s Berkshire Buys Oil-Gas-Coal Utilities in Nevada
May 29, 2013 at 18:14 PM EDT
Associated Press A unit of Berkshire Hathaway has agreed to purchase Nevada utilities company NV Energy in a multi-billion dollar deal. MidAmerican Energy Holdings,a Berkshire Hathaway (BRKB) subsidiary, said it would pay $5.59 billion for NV Energy (NVE). The latter’s shares surged 23% in after-market trading to $23.73, within pennies of the Berkshire offer. The enterprise [...]