Market Overview

From Earlier: Berkshire Hathaway to Acquire Oriental Trading Company

Share:
Related
Scandal Fallout? Wells Fargo Checking Account Opens Down 31% In January
Jim Cramer Shares His Thoughts On Berkshire Hathaway And Under Armour
This Guru Loves Valeant; Should You? (GuruFocus)
Related
Barclays Raises Targets On Insurance Stocks Ahead Of Q3 Earnings
Well, That Was Quick. Markets Barely Budge in Early Trading

Berkshire Hathaway Inc. (NYSE: BRK.A) (NYSE: BRK.B) Chairman and CEO Warren Buffett and Oriental Trading Company President and CEO Sam Taylor today announced that Berkshire Hathaway will acquire Omaha-based Oriental Trading Company. The company is the nation's largest direct retailer of value-priced party supplies, arts and crafts, school supplies, toys and novelties.

The transaction is expected to close by the end of November and is subject to the termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act and other customary closing conditions.

Posted-In: News M&A

 

Related Articles (B + BRK)

View Comments and Join the Discussion!