Berkshire's (Charts) stake is less than 5 percent and was acquired before it became known last month that activist investor Nelson Peltz had bought a position in Kraft, the Wall Street Journal said, citing a source close to the matter.
Friday, July 27, 2007
Buffett's Berkshire reportedly buys Kraft stake
LONDON (CNNMoney.com) -- Investment guru Warren Buffett's Berkshire Hathaway has bought a small stake in Kraft Foods, according to a report published Thursday.
Berkshire's (Charts) stake is less than 5 percent and was acquired before it became known last month that activist investor Nelson Peltz had bought a position in Kraft, the Wall Street Journal said, citing a source close to the matter.
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Berkshire's (Charts) stake is less than 5 percent and was acquired before it became known last month that activist investor Nelson Peltz had bought a position in Kraft, the Wall Street Journal said, citing a source close to the matter.
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