Friday, March 18, 2011

Berkshire's biggest breakup fees

Warren Buffett's company could walk away richer even if�the self-proclaimed elephant gunner doesn't bag�his latest target. Lubrizol (LZ), the Wickliffe, Ohio, industrial lubricants company that agreed Monday to sell itself to Berkshire Hathaway (BRKA)�for $9 billion, said in a securities filing Tuesday that it would pay Berkshire a $200 million termination fee if it breaks [...]

Source: http://finance.fortune.cnn.com/2011/03/16/berkshires-biggest-breakup-fees/

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