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Berkshire Hathaway Part III
Acquired
The Biggest Deal Ever by Berkshire
In 19 98, he makes another shocking announcement. Berkshire is going to buy genry, one of the world's largest reinsurers for 22 billion dollars. Not a dollar of cash goes out the door. He trades 20 % of berkshire's market cap for janary. Spoil alert. Does not go well.
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