Market Overview

Warren Buffett Comments On Taking Coca-Cola Private

Share:
Related KO
What Does Warren Buffett Have To Do With The Amazon-Whole Foods Merger?
Monster Beverage Is 'Best In Class,' Remains A Top Pick At Credit Suisse
Seth Klarman: Value Investing in the Tech Bubble (GuruFocus)

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)

View Comments and Join the Discussion!