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Saturday, March 19, 2011

International News 2011: Goldman buying back Buffett stake

Image representing Goldman Sachs as depicted i...Image via CrunchBase
Goldman Sachs said Friday it would buy back the $5.5 billion in preferred stock held by billionaire Warren Buffett's Berkshire Hathaway.

The Wall Street investment firm announced the plan after receiving a green light from the US central bank.

http://business.inquirer.net/money/breakingnews/view/20110319-326307/Goldman-buying-back-Buffett-stake


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