Berkshire CEO Greg Abel Is Sitting on Nearly $400 Billion in Cash. Here's How His Deal-Making Approach Differs From Warren Buffett's.
Berkshire Hathaway's new CEO has the firepower to make big deals, and his first deal reveals how he's likely to approach acquisitions.
Berkshire Hathaway's new CEO has the firepower to make big deals, and his first deal reveals how he's likely to approach acquisitions.
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Why it matters
Berkshire Hathaway CEO Greg Abel holding nearly $400 billion in cash and signaling a potentially different deal-making approach is notable for credit professionals given Berkshire's market influence, but it remains routine corporate strategy news without immediate market or regulatory impact.
Sources
The Motley Fool
Berkshire CEO Greg Abel Is Sitting on Nearly $400 Billion in Cash. Here's How His Deal-Making Approach Differs From Warren Buffett's.
Berkshire Hathaway's new CEO has the firepower to make big deals, and his first deal reveals how he's likely to approach acquisitions.