Berkshire Hathaway To Invest $5 Billion In Bank

Berkshire Hathaway To Invest $5 Billion In Bank

Buffett Berkshire has agreed to buy 50,000 preferred shares of Bank of America for $ 5 billion.

You pay $ 100,000 for action. It also has options to buy 700 million shares. It is 7% dilution for shareholders, potential.

Berkshire_hathaway_to_invest_5_billion_in_bank

 
Copyright © 2010 | Shotidave - Digital Magazine