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Berkshire Hathaway Reached All-time High at $351.21 in Morning Trading after It Bought Alleghany

Tiger Newspress2022-03-21

Berkshire Hathaway reached all-time high at $351.21 after it bought Alleghany.Berkshire Hathaway (BRKA)(BRKA)struck an $11.6 billion, all-cash deal to buy property-and-casualty reinsurance company Alleghany Corp. (Y), the companies announced Monday.

The $848.02 per share price is 1.26 times book value as of Dec. 31 and a 29% premium to its average price over the last 30 days, the companies said. Alleghany shares ended Friday at $676.75.

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Comment73

  • sshih839
    ·2022-03-22
    Buffet on the move....Market get ready!!!
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  • kaeni
    ·2022-03-22
    To the moon
    Reply
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  • MIe
    ·2022-03-22
    Berskhire b great defensive upside + dividends 
    Reply
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  • ZenInv
    ·2022-03-22
    The large bulk of Berkshire is insurance 
    Reply
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  • Jenjorjack
    ·2022-03-22
    The old uncles at BRK are doing great
    Reply
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  • AiChee
    ·2022-03-22
    Great 
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  • Jameslim29
    ·2022-03-22
    Woo
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  • FFOTW
    ·2022-03-22
    Power
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  • chunnn
    ·2022-03-22
    Comment and like 
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  • AntLiew
    ·2022-03-22
    Going up
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  • GANCL
    ·2022-03-22
    For long term investment 
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  • YBK
    ·2022-03-22
    [smile] 
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  • Jialatsia
    ·2022-03-22
    Meep
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  • HOTBE
    ·2022-03-22
    Fantastic 
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  • BenjiFuji
    ·2022-03-22
    What's the valuation of BRK-B?
    Reply
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  • BlueDragon
    ·2022-03-22
    Nice
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  • Jeromelim
    ·2022-03-22
    [LOL] 
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  • leeinvest
    ·2022-03-22
    ...
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  • PCK
    ·2022-03-22
    Cool
    Reply
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