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Berkshire Hathaway, led by Warren Buffett, becomes the largest shareholder of Bank of America by exercising its right to acquire 700 million shares at a discounted price. This investment reflects Buffett's long-term confidence in the banking industry. Berkshire Hathaway now holds significant stakes in major U.S. banks, positioning itself as a key player in the financial sector.
Monday, 28 August, 2017