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Business: Buffett’s firm buys 10M share stake in GM

Source: Yahoo News

Berkshire Hathaway Inc. took a new 10-million share stake in General Motors Co. in the first quarter. The investment comes as the Detroit automaker continues to rebound from bankruptcy three years ago. Fueled by U.S. vehicle sales, it posted first-quarter net income of $1 billion. Continue reading

Berkshire Hathaway Inc. took a new 10-million share stake in General Motors Co. in the first quarter. The investment comes as the Detroit automaker continues to rebound from bankruptcy three years ago. Fueled by U.S. vehicle sales, it posted first-quarter net income of $1 billion. Continue reading

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