> Warren Buffett Blog: Warren Buffett buys Precision Castparts - Interview on Fox Business

Monday, August 17, 2015

Warren Buffett buys Precision Castparts - Interview on Fox Business



According to Warren Buffett, Precision Castparts is a company that makes very Important Parts for very important machines.

Warren Buffett has targeted and acquired his latest elephant – the term he often uses to describe companies that are worth billions of dollars. Buffett’s investment company, Berkshire Hathaway, has announced that it will agree to acquire the metal parts manufacturing company, Precision Castparts Corporation, in a deal valued at $37.2bn (£24bn) including debt.