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Y - Berkshire Hathaway's Purchase Of Alleghany - Another Solid Move By Warren Buffett
Alleghany Corporation
Warren Buffett's Berkshire Hathaway decided to absorb Alleghany Corporation in a move that will benefit the conglomerate.
The deal adds a high-quality portfolio of assets to Berkshire Hathaway's already-extensive portfolio of companies, both in the insurance market and in other markets.
The deal also seems fair for investors in Alleghany, all things considered.