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Strategies & Market Trends : Consolidated-Tomoka Land Co (CTO)

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To: leigh aulper who wrote ()9/27/1999 5:50:00 PM
From: leigh aulper   of 4
 
Buffett says he holds 5.7% of Consolidated-Tomoka Land
WASHINGTON, Sept 27 (Reuters) - Bilionaire investor Warren Buffett said Monday he held more than 5 percent of Consolidated-Tomoka Land Co. (AMEX:CTO - news), a Securities and Exchange Commission filing showed.

Buffett, chairman of investment vehicle Berkshire Hathaway Inc. (NYSE:BRKa - news), said he held 5.7 percent, or 362,729 shares, in the real estate firm. The filing did not say when the shares were bought or at what price.

The Daytona Beach, Fla.-based Consolidated-Tomoka holds property throughout the state, including a golf course and office buildings in the Daytona Beach area, citrus groves in Highlands County near Lake Placid, and shopping centers in Hernando and Marion counties.

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