A subsidiary of Warren Buffett's Berkshire Hathaway just announced a tentative agreement to buy Constellation Energy for roughly $4.7 billion in cash.
MidAmerican Energy Holdings is paying just $26.50 a share. Constellation's stock closed at $58.37 last Friday and finished 2007 at $102.53.
Source: CNBC
----------------------------------
And finally the company got sold and that too at a throwaway price. How many more to go ?
FOMC Projections
4 hours ago
No comments:
Post a Comment