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Buffett says he expects to buy more car dealerships
2015-04-01 01:11:26| Auto Dealers - Topix.net
Billionaire investor Warren E. Buffett, center, is joined by Van Tuyl Group, Inc. CEO Larry Van Tuyl, right, and CNBC "Squawk Box" Co-Host Becky Quick, in a NADA Automotive forum happening in conjunction with the New York International Auto Show, Tuesday, March 31, 2015, in New York. Warren E. Buffett, Chairman of the Board and Chief Executive Officer, Berkshire Hathaway Inc., participates in a NADA Automotive forum happening in conjunction with the New York International Auto Show, Tuesday, March 31, 2015, in New York.
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Exclusive - Bacardi ups Scotch footprint with Compass Box stake buy
2015-04-01 00:09:00| Daily beverage news and comment - from just-drinks.com
Bacardi has confirmed to just-drinks that it has increased its presence in the Scotch whisky category through a stake purchase in craft distiller Compass Box Whisky Co.
Anirban Basu: Jos. A. Bank's offer to buy Men's Wearhouse was a mistake that 'cost the region'
2015-03-31 22:31:24| Appliances - Topix.net
The layoffs at Jos. A. Bank's Hampstead headquarters have economist Anirban Basu castigating the corporate leaders who oversaw the retailer in the months before its sale to competitor Men's Wearhouse last year.
Buffett says he'll buy more auto dealerships
2015-03-31 22:06:33| Auto Dealers - Topix.net
Buffett says he'll buy more auto dealerships Investor Warren Buffett says he plans to buy more auto dealerships Check out this story on USATODAY.com: http://usat.ly/1bNJbCy Investor Warren Buffett inside his 2006 Cadillac DTS. Buffett's car was auctioned for more than $122,000, about 10 times the estimated worth, as the billionaire and philanthropist offered to again help out one of his favorite charities.
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Charter to buy Bright House Networks for USD 10.4 billion
2015-03-31 14:38:00| Telecompaper Headlines
(Telecompaper) Charter Communications announced an agreement to acquire Bright House Networks from media group Advance/Newhouse for USD 10.4 billion. Bright House is the sixth-largest cable operator in the US and will give Charter another 2 million customers in central Florida, Alabama, Indiana, Michigan and California. Advance/Newhouse will take a 26.3 percent stake in a new partnership set up to run Bright House, in which Charter will hold 73.7 percent. Advance/Newhouse will receive common and preferred shares in the partnership as well as USD 2 billion cash from Charter. Advance/Newhouse will have the right to convert its shares in the partnership into shares of Charter. Completing the deal remains subject to a number of factors, including Charter shareholder approval, the expiry of Time Warner Cable's right of first offer for Bright House, the close of Charter's previously-announced transactions with Comcast and regulatory approval. Bright House was previously run as a partnership between Time Warner and Advance/Newhouse, and TWC still handles many of Bright House's carriage agreements. Charter meanwhile is waiting for regulatory clearance of Comcast's planned takeover of TWC, part of which will include the merged company selling some assets to Charter.
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