Warren Buffett wants to make an ‘elephant’-sized acquisition
New York (CNN Business)Investing legend Warren Buffett is looking for an “elephant” of a deal to help Berkshire Hathaway’s portfolio fly higher.
The Oracle of Omaha wrote in his latest annual shareholder letter in February that he’s itching to make a sizable acquisition .
Buffett conceded that the likelihood of an imminent deal is remote because the stock market rally has made most takeover targets prohibitively expensive.
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