Berkshire Hathaway to Buy Oriental Trading Company

Filed under:

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 on 2012-11-02T06:50:00Z.

Permalink | Email this | Comments

Posted in Executive Prospectus, Financial Prospectus Tagged with: , , , , ,

Leave a Reply

Your email address will not be published. Required fields are marked *