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JP Business

BVTV: Buffett’s friendly deal

Warren Buffett is paying $11.6 bln for Alleghany, a kind of mini-me of his Berkshire Hathaway insurance empire. It’s a classic Sage-of-Omaha move, not just because the companies are so similar, but because it’s at the kind of price only Buffett could get. John Foley explains.

JP Business

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