Gates: Buffett&#39;s Pal Bill Elected To Berkshire&#39;s Board
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Trump...and not Donald, this time. Berkshire Hathaway (nyse: BRKa - news - people ) on Tuesday said it elected Bill Gates to its board of directors.
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Investors welcomed the Oracle of Omaha's plan to help bond insurers.  The Dow closed up over 130 points.
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Oracle Corp. ORCL.O on Thursday  won the backing of a key public pension fund in its  $8.8-billion takeover bid for PeopleSoft Inc. PSFT.O and  analysts said they expected a majority of shares to be tendered  its way ahead of a Friday deadline.
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The European Commission said Tuesday that it has approved Oracle Corp.&#39;s $7.7 billion bid for PeopleSoft Inc., removing the last antitrust obstacle to the hostile takeover attempt.
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The California Employees' Retirement System voted Wednesday to tender its 1.5 million PeopleSoft shares to Oracle, giving the hostile suitor a boost in the final days of its takeover bid.
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POSCO Co. Ltd.  surged as much as 3.8 percent on Friday after U.S. investor Warren Buffett's firm Berkshire Hathaway Inc. said it owned a 4 percent stake in the South Korean steel maker as of the end of 2006.
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POSCO Co. Ltd. (005490.KS) surged as much  as 3.8 percent on Friday after U.S. investor Warren Buffett's  firm Berkshire Hathaway Inc. said it owned a 4 percent stake in  the South Korean steel maker as of the end of 2006.
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The board of Dow Jones & Co Inc has endorsed a $5 billion buyout offer from Rupert Murdoch's News Corp, sending the deal to the controlling Bancroft family for final approval.
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Berkshire Hathaway Inc (BRKa.N), the  conglomerate headed by billionaire investor Warren Buffett,  said on Tuesday it planned to buy 60 percent of manufacturing  and services group Marmon Holdings Inc. for $4.5 billion.
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Berkshire Hathaway, the conglomerate run by billionaire investor Warren Buffett, on Tuesday said it elected Bill Gates, chairman of Microsoft, to be a director.
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Warren Buffett&#39;s Berkshire Hathaway Inc. said the US Securities and Exchange Commission requested information on insurance policies that may help companies smooth earnings.
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The board of Dow Jones & Co. Inc. has endorsed a $5 billion buyout offer from Rupert Murdoch's News Corp., sending the deal to the controlling Bancroft family for final approval.
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Bear Stearns shares rose 7.7 percent yesterday on speculation that investors including Warren E. Buffett may buy all or part of the company.
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Calpers joins group of big PeopleSoft investors backing a $9.2 billion Oracle buyout.
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Warren Buffett's holding company Berkshire Hathaway Inc  bought 1 million shares of insurer UnitedHealth Group  in the fourth quarter of 2006, according to a regulatory filing.
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Berkshire Hathaway said Tuesday that it would pay $4.5 billion for a controlling stake in Marmon Holdings, an industrial conglomerate owned by the Pritzkers.
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A lunch date with billionaire investor Warren Buffett is getting pricier. Someone paid &#36;620,100 in an online charity auction to dine with the Oracle of Omaha in New York. In last year&#039;s auction, the winning bid was &#36;351,100.