Summary
OMAHA, Neb. - Warren Buffett said Monday that his company has spent $10.7 billion to buy more than 5 percent of IBM's stock this year, a surprising move by the billionaire investor who has long shied away from investing in high technology companies.
Berkshire Hathaway also revealed several other new investments made during the turmoil of the third quarter. Besides the new IBM investment, Berkshire added much smaller stakes in Intel Corp., DirecTV, General Dynamics Corp. and CVS Caremark Corp.See the full content of this document
Extract
Berkshire Buys 5% of Ibm, Takes Other Stakes
Most of the details emerged from the quarterly update Berkshir...
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