2 ms·
This is only a partial buy of assets. In the deal Berkshire agrees to buy out 6 billion of debt (out of 70 billion in liabilities). It's not necessarily a deal
by purple_ferret 6y ago
This is only a partial buy of assets. In the deal Berkshire agrees to buy out 6 billion of debt (out of 70 billion in liabilities). It's not necessarily a deal that could be had in a fire sale, but one in which Dominion agrees to sell off assets that have some intrinsic value (around 10 billion by Buffet's estimation).