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  #1  
Old 06-10-2011, 12:55 AM
Skid Row Joe's Avatar
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Lubrizol Shareholders Overwhelmingly Approve Acquisition by Berkshire Hathaway

SWEET!

A $9 Billion dollar deal put to bed!


June 9, 2011

At today’s special meeting, shareholders of The Lubrizol Corporation LZ overwhelmingly approved the acquisition of Lubrizol by Berkshire Hathaway (NYSE: BRK.A, BRK.B) for $135 per share in an all-cash transaction.






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  #2  
Old 06-10-2011, 01:04 AM
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  #3  
Old 06-10-2011, 01:11 AM
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I'll take another 100 great companies like Lubrizol!

Believe me, the more the merrier my portfolio of Berkshire-Hathaway stock gets.
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Old 06-10-2011, 01:20 AM
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1995 E 420, 170k "The Red Plum" (sold)

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  #5  
Old 06-10-2011, 05:43 AM
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"ATTEND BERKSHIRE-HATHAWAY'S ANNUAL WOODSTOCK OF CAPITALISM IN OMAHA!"

When are we getting the report on how it went?
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  #6  
Old 06-10-2011, 09:43 AM
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...and did David Sokol's name come up?

This deal has done real damage to the BH brand and Buffett's image.
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  #7  
Old 06-10-2011, 10:03 AM
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"behind every fortune lies a great crime"

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  #8  
Old 06-10-2011, 12:59 PM
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Quote:
Originally Posted by Skid Row Joe View Post
SWEET!

A $9 Billion dollar deal put to bed!


June 9, 2011

At today’s special meeting, shareholders of The Lubrizol Corporation LZ overwhelmingly approved the acquisition of Lubrizol by Berkshire Hathaway (NYSE: BRK.A, BRK.B) for $135 per share in an all-cash transaction.




Good for you Skid Row Joe.

I can tell you are a very happy person and love your Berkshire stock a lot. More power to ya!
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  #9  
Old 06-10-2011, 01:27 PM
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Thumbs up IT'S NOT EVERY DAY A $9 BILLION DOLLAR DEAL IS DONE IN *CASH* :)

Quote:
Originally Posted by layback40 View Post
"ATTEND BERKSHIRE-HATHAWAY'S ANNUAL WOODSTOCK OF CAPITALISM IN OMAHA!"

When are we getting the report on how it went?
Layback,

It was terrific! Friends and family mostly filled my time in Omaha, Nebraska the Cradle of Capitalism!

This LUBRIZOL acquisition just makes me giddy as all get out! I love it when fabulous companies in their industry LIKE Lubrizol are bought by BERKSHIRE-HATHAWAY INC. lock, stock, and barrel!

I've been on the road for weeks now, just lovin' the relaxing travel aspect of being free as a bird. It would be terrible to have to spend all my time working, or somesuch. Ha!

DON'T GET ME WRONG, WORKING IS NOT A FOUR LETTER WORD, NOR FOREIGN TO ME! WORK, AND PERSONAL ACHIEVEMENT IS WHAT MAKES ME TICK! THE MONEY IT PRODUCES DRIVES ME TO DO MORE WORK, WHICH==MORE MONEY! THE MORE MONEY, THE BETTER!

Skid Row Joe
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  #10  
Old 06-10-2011, 01:49 PM
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Quote:
Originally Posted by Skid Row Joe View Post
I'll take another 100 great companies like Lubrizol!

Believe me, the more the merrier my portfolio of Berkshire-Hathaway stock gets.
Alas - if they could only fix B & N - that's a money pit on rails
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  #11  
Old 06-10-2011, 02:05 PM
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Alas - if they could only fix B & N - that's a money pit on rails
DOH!!!!!!!!!

THE "MONEYPIT" BURLINGTON NORTHERN SANTA FE (BNSF) PRODUCED REVENUES OF APPROX. $5 BILLION DOLLARS LAST YEAR - ON A $25 BILLION DOLLAR +/- INVESTMENT.

THAT MY FRIEND, IS MY KIND OF "MONEYPIT!"
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  #12  
Old 06-10-2011, 11:32 PM
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well, i'm sure your christian values would approve of the dirty dealing done on this one? and why can't i believe that such things never happened before?

http://www.investors.com/NewsAndAnalysis/Newsfeed/Article/128254959/201103151234/Rumors-Of-Insider-Trading-Swirl-Around-Berkshire-Hathaways-Deal-For-Lubrizol-BRKBLZ-.aspx
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  #13  
Old 06-10-2011, 11:41 PM
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Joe is going to ponder potential retorts to your post for the next few months before he gets back to you.
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  #14  
Old 06-10-2011, 11:56 PM
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I thought he was banned until December.
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  #15  
Old 06-10-2011, 11:58 PM
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Quote:
Originally Posted by PaulC View Post
Joe is going to ponder potential retorts to your post for the next few months before he gets back to you.
there will be no retorts; joe seems to ignore any facts that disagree with his rather unique "world view".

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