The deal is the biggest for berkshire hathaway since 20 16. It's unique, it speaks to the fact that allegheny is a bit of a different business and that they have a lot of insurance operations. They also know the co m jo brandon u run geni. The transaction would have been a smaller bolt on seals a so for it to be one of their biggest deals, i think it's striking.
Bloomberg News Finance Reporter Katherine Chiglinsky discusses how Warren Buffett is telegraphing his disdain for Wall Street bankers with an oddball price on his latest multibillion-dollar takeover. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Health Care Reporter Robert Langreth share the details of Robert's Businessweek story Boosters Become Big Pharma Free-for-All With More Shots Coming. David Riedel, President of Riedel Research Group, breaks down the China, Russia trade relationship and investing in Chinese stocks. And we Drive to the Close with Bloomberg News Markets Reporter Abigail Doolittle.
Hosts: Carol Massar and Tim Stenovec. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.