Warren Buffett struck Alleghany deal in 2 weeks, showed business style - Markets Insider
4/12/2022 12:00:00 AM3 yearsago
by Theron Mohamed
by Theron Mohamed
The Berkshire Hathaway CEO proposed the merger over dinner, didn't conduct any due diligence, and deducted Goldman Sachs' fee from his offer.
Warren Buffett pulled together Berkshire Hathaway's $12 billion acquisition of Alleghany in under two weeks, a regulatory filing revealed on Monday. The transaction was sparked by Alleghany CEO Joe … [+2911 chars]
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