Berkshire Hathaway’s investment in Occidental Petroleum is straight out of Warren Buffett’s playbook
Berkshire Hathaway Inc.’s investment in Occidental Petroleum Corp. is straight out of Warren Buffett’s playbook.
On Tuesday, the billionaire investor’s firm agreed to inject $10 billion into Occidental’s bid to acquire Anadarko Petroleum Corp. Berkshire will get preferred Occidental shares if a deal goes through.
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