Last week, thousands of investors gathered at Berkshire Hathaway’s annual shareholder meeting in Omaha. Warren Buffett, perhaps one of the greatest strategic acquirers, shared his insights for successful acquisitions. There are two pearls of Buffett wisdom, reported direct from the meeting by Dealbook that I’d like to highlight in this post. Looking at the Big […]

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By now, many of you will have heard of Berkshire Hathaway’s $37.2 billion acquisition of Precision Castparts Corp. (PCC), an aerospace parts manufacturer. The acquisition is Berkshire Hathaway’s largest to-date which goes to show with each strategic acquisition, Berkshire Hathaway must make bigger and bigger deals to “move the needle.” Strategic and to the Point […]

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Berkshire Hathaway has agreed to buy a German maker of motorcycle apparel and accessories, Detlev Louis Motorrad-Vertriebs, for approximately 400 million euros ($456 million). Despite the current market conditions, Warren Buffett, once again demonstrates that opportunities can be found in any market. He sees Europe as an opportunity for growth, calling the purchase a “door opener” […]

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At first glance you may ask, “Why in the world would Warren Buffett buy Duracell?” One explanation is financial. Through a bit of fiscal engineering Berkshire Hathaway is able to avoid triggering significant taxes. The Duracell transaction, is essentially a merger through a stock swap. Berkshire will give P&G $4.7 billion of the shares it […]

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The New York Stock Exchange ended 2009 up nearly 30% over 2008.  That makes a lot of individuals feel better about the economy because they “feel” wealthier. Companies are no different.  With an up market we expect M&A activity to increase, generally as a laggard to the equities market.  Think about it:  a company’s stock […]

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