The Tax Benefits of the Acquisition of Duracell From Proctor and Gamble

Berkshire Hathaway has acquired Duracell from Proctor and Gamble. The company's core businesses are in decline with advances in technology making alkaline batteries far less relevant than they were 20 years ago. Greg Warren asked how much of a role to tax planning actually play in doing the steel given the extreme low cost basis on your P&G shares some of which you've been selling for several years.