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Constellation deal still on
Warren E. Buffett’s MidAmerican Energy Holdings Co. said Thursday that it is moving forward with a planned $4.7 billion acquisition of Baltimore-based Constellation Energy Group after completing a review of the BGE parent’s retail and wholesale businesses. But the deal still must gain approval from shareholders, some of whom have filed lawsuits objecting to the sale at a price of $26.50 a share.
Posted by: Sammy on 10/02 at 08:16 PM
- 1. · I thought it was a done deal and then the other group put in a bid- and it worried me. I think Warren Buffet is a sound businessman, that we can trust. He uses experts and doesnt cut corners.
If he is putting his money here- I think he got agood deal- and so did Constellation and its many employees.
I think it brings some legitamnacy to Nuclear energy future.
A man must learn to understand the motives of human beings, their illusions, and their sufferings. einstein
Comment by BJGoodwin on 10/03 at 11:17 AM | [Back to Top] | [Back to Main] - 2. · Buffet is also doing what he can to bolster the economy . In recent days he has announced he will invest $3 billion in General Electric and $5 billion in Goldman Sachs.
What money- maybe he and Bill Gates can buy our debt- take over the COuntry and run it like a corporation.
A man must learn to understand the motives of human beings, their illusions, and their sufferings. einstein
Comment by BJGoodwin on 10/03 at 11:41 AM | [Back to Top] | [Back to Main]
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