Description: Berkshire Hathaway, owned by Warren Buffett, is buying Duracell for $4.7 billion worth of stock from Proctor & Gamble. P&G will also recapitalize Duracell with $1.7B before the transaction is complete.
Source: Fortune.com – video report
Date: Nov 13, 2014
Questions for Discussions:
- How did this deal cause P&G stock to jump?
- Why would Duracell be a good fit for Berkshire Hathaway?