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Buffett didn't buy the common, he only has warrants with 10 year expiration. He bought preferreds at 6%, afaik.
by MikeCapone 15y ago
Buffett didn't buy the common, he only has warrants with 10 year expiration. He bought preferreds at 6%, afaik.
- waterlesscloud 15y agoI liked this bit from a FT Alphaville post on the topic: "Warren’s warrant exercise price — a Fibonacci-esque $7.14285" (which is 5B divided by 700M,but it's a fun number anyway)