Warren Buffett picks up NV Energy for $5.6 billion

Published May 29, 2013
Reuters



  • Copyright Reuters 2013



Berkshire Hathaway Inc's
subsidiary MidAmerican Energy will buy Nevada's largest electric utility NV Energy Inc for $5.6 billion.
MidAmerican Energy Holdings Co will purchase NV Energy's common stock for $23.75 per share, a 23 percent premium to NV's Wednesday closing price.
 
 
 
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