Warren Buffett's Berkshire Hathaway Close To A Deal For Precision Castparts: WSJ

Warren Buffett's Berkshire Hathaway Inc. is nearing an agreement to buy Precision Castparts Corp. in what could be the company's largest purchase ever, the Wall Street Journal reported Saturday, citing people familiar with the matter. The purchase of Precision Castparts, which makes aircraft components and energy-production equipment, could be announced as soon as next week and be valued at more than $30 billion, assuming typical premiums for mergers, the newspaper said. Precision Castparts' mar...