Warren Buffett’s Berkshire Hathaway is buying insurance company Alleghany Corporation for $11.6 billion, or $848.02 per share in case, the company announced on Monday.
is buying insurance company Alleghany Corporation for $11.6 billion, or $848.02 per share in case, the company announced on Monday. "Berkshire will be the perfect permanent home for Alleghany, a company that I have closely observed for 60 years," Buffett, Berkshire’s CEO, said in a statement.
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