LSXMA - Warren Buffett's Berkshire Hathaway Adds $116.58M Worth Of Liberty SiriusXM Stock | Benzinga
Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK) has made a significant investment in Liberty SiriusXM Group (NASDAQ:LSXMA), the parent company of SiriusXM Radio and other media assets.
What Happened: Berkshire Hathaway has acquired $116.58 million worth of Liberty Media’s Series A Liberty SiriusXM Common Stock.
The conglomerate made these purchases over six days this month, acquiring over 4.3 million shares at prices ranging from $25.67 to $27.76. This has increased Berkshire Hathaway’s stake in Liberty Media Corp to a total of 69,044,244 shares.
These ...