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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Spekulatius who wrote (36654)5/30/2013 1:22:42 PM
From: E_K_S  Read Replies (1) | Respond to of 78748
 
NV Energy, Inc.(NYSE:NVE)

Berkshire Hathaway Inc.'s BRKB +1.54% power-and-gas company plans to buy Nevada utility NV Energy for about $5.6 billion in cash, a sign that Warren Buffett’s corporate empire is betting on the recovery of a state hard-hit by the recent recession. MidAmerican Energy Holdings Co. has agreed to acquire NV Energy for $23.75 a share, a premium of about 23% to the Nevada utility’s Wednesday closing price. NV Energy shares climbed to $23.73 premarket.

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You probably still do not own this one as you stated that you bought some shares in 2/2010. I guess the Buffet group saw the same value as you did. I missed this one and should have bought shares. At my new lake property, I get to pay these utility bills monthly and during the winter time they get pretty big.

EKS