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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.
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