Berkshire Hathaway to Buy Oriental Trading Company

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Berkshire Hathaway to buy Oriental Trading CompanyNov 2 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc (BRK-A, BRK-B) is to buy direct marketing toy and party supplies merchant Oriental Trading Co for $500 million, the Wall Street Journal reported on Friday, citing a person involved in the deal.

Oriental Trading’s shareholders held an auction earlier in the year that failed to yield a buyer, after which Berkshire stepped in with a compelling offer, the Journal said, citing another person close to the deal.

Berkshire Hathaway and…

Berkshire Hathaway to Buy Oriental Trading Company originally appeared on DailyFinance.com on 2012-11-02T06:50:00Z.

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