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Buffett's Berkshire Hathaway Announces Partial Closing of Dominion Energy Deal

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Buffett's Berkshire Hathaway Announces Partial Closing of Dominion Energy Deal

Berkshire Hathaway Energy, a subsidiary of Warren Buffett's conglomerate, Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), today announced it has closed on the first phase of its previously announced deal with Dominion Energy (NYSE: D). The $8 billion purchase consisted of approximately $2.7 billion in cash and the assumption of $5.3 billion in debt.

Source Fool.com

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