Farm equipment maker CTB International Corp., Milford, Ind., has signed a $180 million agreement to be purchased by Berkshire Hathaway Inc., Omaha, Neb., the investment firm of Warren Buffett. (At Closing News).Farm equipment maker CTB CTB Council Tax Benefit (UK) CTB Coopération Technique Belge (French: Belgian Technical Cooperation) CTB Commonwealth Transportation Board (Virginia Department of Transportation) International Corp., Milford, Ind., has signed a $180 million agreement to be purchased by Berkshire Hathaway Berkshire Hathaway (NYSE: BRKA, NYSE: BRKB) is a conglomerate holding company headquartered in Omaha, Nebraska, U.S., that oversees and manages a number of subsidiary companies. Inc., Omaha, Neb., the investment firm of Warren Buffett Warren Buffett Known as "the Oracle of Omaha," Buffett is Chairman of Berkshire Hathaway and arguably the greatest investor of all time. His wealth fluctuates with the performance of the market, but for the last few years he has been reported to be worth over $30 billion, making . Under terms of the deal, CTB shareholders will receive $12.75 for each of their shares, CTB said in a statement. Berkshire Hathaway will also assume $40 million in CTB debt. CTB makes equipment for the poultry, hog, egg and grain industries. |
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