Getting your player ready...
OMAHA — Warren Buffett’s Berkshire Hathaway will buy all of the remaining shares in Wesco Financial that it does not already own in a deal valued at $547.6 million, the companies said Monday.
If Wesco shareholders approve the sale of roughly 1.4 million shares, which has been approved by the company’s board, they will have a choice of accepting either cash or Class B shares of Berkshire stock in a deal that is expected to close by the end of the second quarter.
