Berkshire Hathaway loses multi-billion dollar bid for Tech Data
Fewed by - Muzammil Zafar
Berkshire Hathaway, the investment company founded by renowned multi-billionaire Warren Buffett, lost its bid for acquiring Tech Data, a billion dollar technology equipment distribution firm. Hathaway lost to competitor Apollo Global Management Inc, which offered Tech Data 145 USD per share instead of Berkshire's 140 per share, acquiring the company for a total of 5.14 billion USD.
technology
investment
warren-buffet
berkshire-hathaway
tech-data
equipment
distributor
apollo
company
Mon Dec 02 -
Reuters