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Stocks B / Berkshire Hathaway


Subject:  Re: Berkshire buys Heinz Date:  2/14/2013  10:25 AM
Author:  Grahdodd Number:  198566 of 236893

Multiples don't really matter, the 1/3rd Buffett put in the equity was the price he had to pay for a several hundred basis points premium to junk yield on the Preferred.
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