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Author: rationalwalk Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 216483  
Subject: Re: Gates Foundation Selling Date: 11/19/2012 10:53 AM
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The potential "solution" I've thought of for some time is that Berkshire could repurchase shares directly from the Gates Foundation.

I'm sure that there are legal issues related to such a concept (most specifically a conflict of interest with Gates being on the board of Berkshire and head of his foundation) but I have never read anything that indicates such a move would be illegal and I certainly don't think it would be unethical if done in a pre-announced and transparent manner at market prices.

If the foundation is selling shares anyway, having Berkshire repurchase them directly would potentially yield a somewhat higher price that market sales for the foundation and Berkshire would be able to repurchase a significant number of shares without disturbing the market.

None of this is likely to happen but it is interesting to consider.
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