Buffett’s Berkshire to buy Texas power transmitter Oncor

Mount Pleasant Tribune

Associated Press
Warren Buffett’s Berkshire Hathaway is buying the Texas power transmitter Oncor for $9 billion, one of his biggest acquisitions.
Last year, Berkshire completed its biggest acquisition in its history, a $32.36 billion deal for aviation parts maker Precision Castparts.
Oncor serves about 10 million people and is the biggest regulated utility in Texas. Its parent company, Energy Future Holdings Corp., entered bankruptcy in …

Email @ dot com, LLC: Will this suitor make it to the wedding altar unlike the previous grooms? The Texas PUC has high standards and will not let Oncor marry just any guy off the street.

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