With
the credit crunch putting a crimp on leverage buyouts, Warren Buffett is
reportedly on the prowl for a good deal,
according
to Bloomberg. Buffett's Berkshire Hathaway Inc. is looking for a megadeal
in the range of $40 billion to $60 billion prompting Bloomberg to gather a
short list of targets: WellPoint Inc., Nucor Corp., Kohl's Corp. and Inter
Ikea Systems BV. The rumor has prompted bloggers to offer additional
suggestions. Most notably,
BloggingStocks
suggests Moody's Investors Service and Home Depot Inc. as possible targets
that fit at least some of Buffett's criteria, which are good returns on
equity, little debt, simple business models and consistent earnings.
—Matthew Wurtzel
See
story from Bloomberg
See
post from The New York Times' DealBook
See
post from BloggingStocks
See post from Portfolio's Market Movers blog
Tags:
Berkshire
Hathaway,
acquisition,
deals,
m&a,
mergers
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