Query, Assuming that the buy-back was from Flight-Safety's heirs;How much income has Flight-Safety generated since it was purchased for stock by brk. I would think that this purchase using stock would prove that cash is the better medium of exchange. Cash value seems to depreciate; BRK stock appreciates. Issuing stock to get the purchases done is detrimental to BRK as this buy-back seems to indicate, but I understand that getting the deal done is what drives the use of stock.If BRK had been able to pay all cash for the purchase of flight safety, this buy-back would have not been necessary. Could of Would of Should of!!!Paying up with cash is the better choice.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Rat