Warren Buffett Announces $37 Billion All-Cash Deal To Acquire Precision Castparts

Warren Buffett unveiled his conglomerate’s largest takeover ever on Mionday as Berkshire Hathaway announced plans to acquire Precision Castparts, in an all-cash deal valued approximately $37.2 billion, including debt. Unveiling the pricey deal, Warren Buffett told CNBC’s “Squawk Box” that “This is a very high multiple for us to pay”. [buffett] Warren Buffett’s Berkshire Hathaway to acquire Precision Castparts at $235 per share in cash In a statement released Monday, the board of directors of Berkshire Hathaway Inc. and Precision Castparts Corp announced their unanimous approval for a definite agreement for Berkshire Hathaway to acquire, for $235 per share in…