(Bloomberg) -- Berkshire Hathaway Inc. Chairman Warren
Buffett is ready to spend $40 billion to $60 billion on an
acquisition, and his opportunities are expanding as stocks fall and
leveraged buyouts dry up.
Shares of health insurers, steelmakers and department stores
are as much as 19 percent cheaper than in May, when Buffett said he
would ``figure out a way'' to come up with $60 billion for the
right deal. WellPoint Inc., Nucor Corp., Kohl's Corp. and dozens
more companies are now closer to meeting his investment criteria.
Read more at Bloomberg Exclusive News
Buffett is ready to spend $40 billion to $60 billion on an
acquisition, and his opportunities are expanding as stocks fall and
leveraged buyouts dry up.
Shares of health insurers, steelmakers and department stores
are as much as 19 percent cheaper than in May, when Buffett said he
would ``figure out a way'' to come up with $60 billion for the
right deal. WellPoint Inc., Nucor Corp., Kohl's Corp. and dozens
more companies are now closer to meeting his investment criteria.
Read more at Bloomberg Exclusive News
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