Tuesday, March 15, 2011

Lubrizol

Berkshire Hathaway is buying C & EN's 2009 Company of the Year. C & EN has the latest news with the key details.Here are some observations:1) does not seem like the most expensive deal in the world. In fact, Buffett does not seem comfortable in the land value with this one. Berkshire is to get the company to profit less than 13x, including net debt, Lubrizol, and less than 9X EBITDA.2) the value

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