Best Berkshire Hathaway Stock to Invest $1,000 in Right Now
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The Sage of Omaha's company will make over $1.2 billion from the sale, according to an announcement on Monday.
Five of Warren Buffett's closest followers told BI they expect Greg Abel to be more hands-on, focus on deals, and perhaps even introduce a dividend.
According to the Associated Press, Berkshire Hathaway owns Geico, Dairy Queen, among other businesses, and Buffett is donating nearly 12.4 million of the Class B shares of its stock.