Berkshire Hathaway Increases Investment in Sirius XM Following Malone's Deal

Reported about 1 month ago

Warren Buffett's Berkshire Hathaway has enhanced its investment in Sirius XM, acquiring $42 million worth of shares in just three days, increasing its ownership stake to approximately 32.5%. This move follows a recent reorganization by Liberty Media, which led to Sirius XM's stock experiencing a 50% decline this year due to projections of falling sales.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis