This case is about Berkshire Hathaway’s bid, through MidAmerican Energy Holdings Company, to acquire PacifiCorp, which is an energy- utilty based company, in order to diversify the activities of Berkshire Hathaway. The ideas of enterprise valuation are portrayed in two methods. These methods are multiple valuation and discount factor. These methods help evaluate the impact that a single investment can have on the acquiring company. Issues The stock prices for Berkshire Hathaway’s increased
Words: 663 - Pages: 3
journey as an investor at the age of 13, continued to cross hurdles of his business carrier. It's annual report season, which includes announcements from the CEO and/or chairman of every public U.S. company. Given that Warren Buffett, the chairman of Berkshire Hathaway, is the most successful investor of all time, you might expect that a 23-page communication from him would be jargon-packed and over most people’s heads. In actuality, Buffett's annual letter to shareholders is famously down-to-earth,
Words: 4407 - Pages: 18
Warren Buffet Warren Buffet was born on August 30, 1930. He is one of the most financially and personally successful businessmen of our time. He is the Chief Executive Officer of Berkshire Hathaway, a multinational conglomerate holding company, which is based with it;s headquarters in Omaha, Nebraska; Buffett's hometown. His net worth is around $60 billion, and increases with every passing minute. I chose to write about Warren Buffett because he is a person I have always been quite
Words: 705 - Pages: 3
subsidiary of Berkshire Hathaway) would acquire the electric utility PacifiCorp. M would purchase P with $5.1 billion in cash and $4.3 billion in liabilities and preferred stock. MidAmerican is a leader in the production of energy from diversified sources; it is also the owner of the second-largest full-service independent real estate brokerage in the US. Until March 2002, Berkshire has acquired a 9.9% voting interest and an 83.7% economic interest in the equity of MidAmerican. By 2004, Berkshire has always
Words: 553 - Pages: 3
Brief Introduction As a leading multinational consumer electronics company, PCL stepped into Chinese market with a remarkable income. However, since 2008 PCL taskforces found out control measures were not being carried out by stall and after sales service centres which cause 37% of the returned TVs. LCD faced fierce competition from domestic brands. In order to maintain good relationships with chain retailers, the manufacturers and salespeople usually accept unreasonable returns to secure prominent
Words: 385 - Pages: 2
world. Chairman, CEO and largest stakeholder of Berkshire Hathaway. He studied at Columbia University. Trained in investing by professor Benjamin Graham, who’s the coauthor of Security Analysis (Method of identifying undervalued stocks, P<Intrinsic Value). Graham | Buffet | Focus on the value of assets such as: cash, net working capital and physical assets. | + Also on valuable franchises that were unrecognized by the market. | Berkshire Hathaway American multinational conglomerate
Words: 549 - Pages: 3
Warren Buffett's Berkshire Hathaway subsidiary MidAmerica has submitted an application to acquire PacifiCorp, Scottish Power's largest subsidiary headquartered in Portland, Oregon for $9.4 billion. The purpose of this reference summary is to document key news stories, SEC filings, Public Utility Commission filings and other references for financial analysts, journalists, utility regulators and other interested parties. Following each reference will be a brief analysis and commentary section. The
Words: 277 - Pages: 2
Selected, Arranged, and Introduced by Lawrence A. Cunningham Includes Previously Copyrighted Material Reprinted with Permission THE ESSAYS OF WARREN BUFFETT: LESSONS FOR CORPORATE AMERICA Essays by Warren E. Buffett Chairman and CEO Berkshire Hathaway Inc. Selected, Arranged, and Introduced by Lawrence A. Cunningham Professor of Law Director, The Samuel and Ronnie Heyman Center on Corporate Governance Benjamin N. Cardozo School of Law Yeshiva University © 1997; 1998 Lawrence
Words: 86030 - Pages: 345
Case 1 Warren E. Buffett, 1995 How is Berkshire Hathaway’s business composition from Exhibit 1 different or similar today? Be specific. Provide an overall statement to describe Berkshire Hathaway’s performance over time compared to the S&P 500. Can you discern a trend in the investment decisions of Mr. Buffett and are his decisions consistent with the principals learned from his mentor Dr. Graham? Based on the types of company’s that BK now owns, have the Acquisition Criteria been
Words: 949 - Pages: 4
Coca-Cola Trims Stock Compensation Plan After Criticism Oct. 1 (Bloomberg) -- Coca-Cola Co., whose employee stock-compensation plan was called excessive by billionaire Warren Buffett and other investors, agreed to rein in the program. Fewer shares will be issued to employees, and more transparency will be provided into how the program works, the Atlanta-based company said today in a statement. The number of shares granted will be no more than 0.8 percent of total outstanding stock in 2015 and
Words: 765 - Pages: 4
