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Reuters: Buffett's MidAmerican to buy Constellation

Started by chris, September 19, 2008, 02:00:47 AM

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chris

Buffett's MidAmerican to buy Constellation
      


NEW YORK (Reuters) - Constellation Energy Group Inc agreed to sell itself to a unit of Warren Buffett's Berkshire Hathaway Inc for about $4.7 billion in cash on Thursday after investor fears about its liquidity cut its value by nearly 60 percent.
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