Regional Powerhouse Created When Buffett’s Seattle & Portland Brokerages Merge

With more than 725 agents, BHHS Northwest Real Estate looks ready to grow Those on the outside might not have ever realized that the two were separate companies, but the merger of these brokerages now doing business as Berkshire Hathaway HomeServices Northwest Real Estate – one in Portland and one in Seattle – has certainly …

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Berkshire Acquisition: Main Street Realty

Berkshire Hathaway HomeServices Florida Realty has decided to broaden its reach once again in Orlando by acquiring Main Street Realty International based out of Windermere. This recent acquisition adds 60 employees and sales professionals to the mix, one office, plus title services, financing and leasing operations. This is the next step in Berkshire Hathaway’s latest …

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Buffett & Berkshire Hathaway Year in Review 2013

All things considered, Berkshire Hathaway and Warren Buffett had a fairly eventful year in 2013. They made a number of significant stock purchases and they even had a major acquisition. And then there’s the main question that continues to linger. Warren Buffett and His Acquisition of Heinz  On February 14, 2013 – Valentine’s Day – …

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Berkshire’s HomeServices of America Gobbles up Prudential Rubloff Properties

We’ve just learned that HomeServices of America Inc. will be acquiring Prudential Rubloff Properties, based out of Chicago. They aim to merge the large 860 agent firm with Koenig and Strey Real Living Real Estate. Once the merger is through, this will create the second-largest brokerage firm in the Chicago area. The company plans to …

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MiTek/Warren Buffett Acquire Cubic Designs

The New Berlin manufacturer and designer of mezzanines and freestanding platforms for warehouses, Cubic Designs Inc., have been acquired by the Berkshire Hathaway subsidiary MiTek Industries. The transaction terms have not yet been disclosed in a press release. Based out of Chesterfield, MO., MiTek is a supplier of equipment, engineered structural connector systems, services and …

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Buffett’s Marmon Group to Purchase DCI-Artform

One of Warren Buffett’s Berkshire Hathaway subsidiaries is about to acquire DCI–Artform, which is a firm in the retail marketing space based out of Glendale. The acquisition in place is part of a $1.1 billion buyout by Marmon Group, a Berkshire Hathaway subsidiary, from IMI PLC, which is a British engineering company. They expect to …

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Buffett Buys Ray-Q, Third Israeli Company

TTI, a US based distributor of electronics components, is going to acquire the electronics company in Israel known as Ray – Q Interconnect, which it announced last weekend. We have not learned any of the financial specifics of the deal as they were not disclosed. Berkshire Hathaway, run by Pres. and CEO Warren Buffett, wholly …

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Shareholders of NV Energy Approve Sale to MidAmerican & Buffett

The current shareholders of NV Energy Inc. have approved the sale of the company to MidAmerican Energy, a Berkshire Hathaway company, for $5.6 billion. The company announced the voting of the shareholders on Wednesday, but the deal itself is not expected to close until the first quarter of 2014. It needs regulatory approval before they …

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Major Changes at Heinz Since Buffett Bought the Company

Bloomberg reports that it’s not all fun and games when Warren Buffett happens to take over your company. If the Oracle of Omaha believes that you belong as part of the Berkshire Hathaway brand – at least in the case of Heinz – some serious changes are on the horizon. Earlier in the year, Warren …

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Berkshire Hathaway HomeServices Joined by Colorado Properties

Berkshire Hathaway HomeServices just announced that they brought in their first resort brokerage signee, Colorado Properties. HomeServices is the new real estate brokerage network being operated by HSF Affiliates LLC. Colorado Properties is going to begin operating as Berkshire Hathaway HomeServices Colorado Properties beginning in October 2013. The owner of the brokerage, Michael Slevin, tells …

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