巴老彻底给大湿跪了?# Stock
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IBM, GE
Warren Buffett's Berkshire Hathaway Inc. is getting out of one of
America's oldest companies: General Electric Co.
The billionaire investor's firm sold 10.6 million GE shares in the
second quarter, a stake that would have been worth an estimated $315 million
as of June 30, according to a regulatory filing. Berkshire received most of
the shares in 2013 after the investor lent roughly $3 billion to GE in
October 2008 during the depths of the financial crisis.
The securities filing also showed that Mr. Buffett trimmed his stakes in
International Business Machines Corp
Warren Buffett's Berkshire Hathaway Inc. is getting out of one of
America's oldest companies: General Electric Co.
The billionaire investor's firm sold 10.6 million GE shares in the
second quarter, a stake that would have been worth an estimated $315 million
as of June 30, according to a regulatory filing. Berkshire received most of
the shares in 2013 after the investor lent roughly $3 billion to GE in
October 2008 during the depths of the financial crisis.
The securities filing also showed that Mr. Buffett trimmed his stakes in
International Business Machines Corp