OMAHA, Neb. (AP) — The price Warren Buffett's Berkshire Hathaway is willing to pay for the remaining 19.9 percent of Wesco Financial it doesn't already own has grown $9 million to $556.6 million.
The companies said in documents filed with federal regulators Wednesday the price increased to better reflect Wesco's value.
The deal announced last month included provisions for price adjustments based on Wesco's earnings and the value of its investments. Wesco is now valued at $392.91 per share, up from $386.55 per share.
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