Buffett is in the room: Berkshire Hathaway Inc chairman Warren Buffett walking through the exhibit hall as shareholders gathered to hear from the billionaire investor at Berkshire’s annual shareholder meeting in Omaha, Nebraska on Saturday. — Reuters
NEW YORK: Warren Buffett said he would like his company to deploy much more than US$10bil to help companies pursue acquisitions in the next couple of years.
Days after Berkshire Hathaway Inc agreed to inject US$10bil of preferred equity in Occidental Petroleum Corp to help finance an acquisition of Anadarko Petroleum Corp, Buffett said he would like to put more cash to work that way, whether the next one comes along in a month or three years.
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