{"id":19157,"date":"2011-02-07T11:20:02","date_gmt":"2011-02-07T16:20:02","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=19157"},"modified":"2011-02-07T11:20:02","modified_gmt":"2011-02-07T16:20:02","slug":"berkshire-hathaway-acquires-wesco-financial-shares-not-owned","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2011\/02\/07\/berkshire-hathaway-acquires-wesco-financial-shares-not-owned\/","title":{"rendered":"Berkshire Hathaway acquires Wesco Financial shares not owned"},"content":{"rendered":"<p>Berkshire Hathaway (BRK.A, BRK.B) and Wesco Financial (WSC) announced  that they entered into a definitive merger agreement, whereby Berkshire  Hathaway will acquire the remaining 19.9% of the shares of Wesco\u0092s  common stock that it does not presently own in exchange for cash or  shares of Berkshire Hathaway Class B common stock, at the election of  each shareholder. Based on the estimated shareholders\u0092 equity of Wesco  as of January 31, 2011, the transaction values the 19.9% of Wesco not  owned by Berkshire Hathaway at approximately $547.6M.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Berkshire Hathaway (BRK.A, BRK.B) and Wesco Financial (WSC) announced that they entered into a definitive merger agreement, whereby Berkshire Hathaway will acquire the remaining 19.9% of the shares of Wesco\u0092s common stock that it does not presently own in exchange for cash or shares of Berkshire Hathaway Class B common stock, at the election of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2011\/02\/07\/berkshire-hathaway-acquires-wesco-financial-shares-not-owned\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Berkshire Hathaway acquires Wesco Financial shares not owned&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-19157","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/19157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=19157"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/19157\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=19157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=19157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=19157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}