Berkshire Hathaway divested its 3,642,929 shares of Nike in the...

2011-02-17T00:00:00

Berkshire Hathaway divested its 3,642,929 shares of Nike in the fourth quarter. At current market value the stake is worth $311.7 million. The investment company, managed by Warren Buffet, had already halved its stake in Nike in the third quarter. The sale is part of a change in investment strategy ...

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