Thursday, December 27, 2007

Marmon Holdings Sold 60% Stakes to Warrent Buffet

Marmon Holdings

, an industrial conglomerate belonging to Chicago's wealthiest family and chain owner--the Pritzkers, would sell 60 percent of its stake worth of $4.5 billion to the investor company, Inc. The deal was announced on the . Berkshire has also agreed to buy the rest of Marmon, which consists of more than 125 manufacturing and service companies, over the next 5-6years, at a price that will be based on the future earnings of the company

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