Market Overview

Warren Buffett Comments On Taking Coca-Cola Private

Share:
Related KO
I Like Coffee, I Like Tea, I Like What This Staples ETF Does For Me
Is Social Activism And Marketing A Good Combination?
With Sales Volumes Dipping, Dean Foods Continues To Look Like A Work In Process (Seeking Alpha)

Warren Buffett told CNBC that there is “no chance” that he will be taking Coca-Cola (NYSE: KO) private.

Buffett’s response comes just minutes after activist investor David Winters told Fox Business News that he thinks Buffett may take the company private.

Shares spiked more than five percent higher after Winters said Buffett may take the company private. The anticlimactic response from the oracle of Omaha has pushed shares near the level of Monday's close.

Coca-Cola was last up 0.32 percent to $40.79.

Posted-In: David Winters Warren BuffettCNBC News M&A Hot Media

 

Related Articles (KO)

Get Benzinga's Newsletters